Question

The document that the accounting staff will use as the primary basis for recording sales transactions and updating the customers accounts receivable subsidiary ledger is the:

A) sales order.
B) bill of lading.
C) sales journal.
D) sales invoice.

Answer 1

The primary basis for recording sales transactions and updating the customers accounts receivable subsidiary ledger is the sales invoice.

Step-by-step explanation:

The document that the accounting staff will use as the primary basis for recording sales transactions and updating the customers accounts receivable subsidiary ledger is the sales invoice. A sales invoice is a document that provides the details of a sale, including the quantity, price, and terms of payment. It serves as a record of the transaction and is used to update the relevant financial records.