The Sales and Accounts Receivable Subsystem deals with:

the recording of Sales, maintaining of Sales Ledger and Receivables

the preparation of Budget for the coming financial year

the preparation of Profit and Loss Account, Balance Sheet and Cash Flow Statement

the purchase and payment to creditors

Solution

Correct option is A

The Sales and Accounts Receivable Subsystem deals with recording sales, maintaining the sales ledger, and tracking receivables, ensuring accurate and efficient management of sales transactions and customer accounts.

Suggested Test Series

CUET 2025 SCIENCE DOMAIN ACE PLUS

295 Tests

Suggested Test Series

CUET 2025 SCIENCE DOMAIN ACE PLUS

295 Tests