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    frances1957's Avatar
    frances1957 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 22, 2013, 10:47 AM
    Accounting
    Upon receipt of a vendor's invoice for the purchase of signs an entry should be:

    a.none
    b.cash receipt
    c,purchase
    d.accounts receivable
    Fidget1's Avatar
    Fidget1 Posts: 105, Reputation: 4
    Junior Member
    		  
    #2

    Mar 24, 2013, 10:24 AM
    Seeing as an invoice is basically a demand for payment to be made.. I think by the process of elimination, you should arrive at the correct answer.
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