Question

which business documents are used to record cash sales and sales on account for a service...

which business documents are used to record cash sales and sales on account for a service business in QuickBooks Desktop and which are used to record them for a merchandise business.

Homework Answers

Answer #1

1) Business documents which get use to record cash sales and sales on account for service business in QuickBooks is as given below:

To record a cash sales in QuickBooks, one has to use the business document "Sales Receipt" under Customers option in Quickbooks and enter all the relevant details related to such cash sales.

To record a sales on account in QuickBooks, one has to use the business document "Invoice" under Customers option in Quickbooks and enter all the relevant details related to such on account or credit sales.

2) Business documents which get use to record cash sales and sales on account for merchandise business in QuickBooks is same as above recording in service business.

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