Question:
‘Sales and Accounts Receivable Sub-system’ of Accounting Information System deals with which of the following?
‘Sales and Accounts Receivable Sub-system’ of Accounting Information System deals with which of the following?
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The sales and accounts receivable sub-system helps track revenue generated from sales and manages amounts owed by customers.
Updated On: Jan 27, 2025
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Solution and Explanation
The 'Sales and Accounts Receivable Sub-system' focuses on managing the sales ledger and keeping track of accounts receivable. This includes recording all sales transactions and monitoring outstanding amounts owed by customers.
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