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1 | |
A purchase return to a vendor is recorded on the Vendor Credit Memos window as follows: |
| | A) | Select Customer, Invoice date, number, and quantity returned. |
| | B) | Select Vendor, Invoice number and quantity returned. |
| | C) | Click on beginning balances. |
| | D) | Click on the Delete icon. |
| | E) | None of the above. |
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2 | |
When paying vendors, minus a return of merchandise: |
| | A) | Deduct the credit amount from the check total. |
| | B) | Pay the full invoice amount and wait for a refund from the vendor. |
| | C) | Click on the “Pay” box for the invoice as the purchase return is automatically calculated. |
| | D) | Don’t pay the vendor. |
| | E) | None of the above. |
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3 | |
If the “A/P Account” field and “GL Account” column are not shown, what Peachtree menu-bar selection should you check? |
| | A) | File; Open Company, New Company Set Up. |
| | B) | Maintain; Vendors, General folder tab, set the defaults. |
| | C) | Options; Global, uncheck Hide General Ledger Accounts. |
| | D) | All of the above. |
| | E) | None of the above. |
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