Computerised Accounting

Usage

Easy

The Sales and Accounts Receivable Subsystems 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

✅ Correct Option: 1

The Sales and Accounts Receivable Subsystems focus on managing sales transactions and tracking money owed by customers.

Option 1 is correct because it involves:

Recording Sales
Maintaining Sales Ledger
Managing Receivables

These tasks help businesses keep track of income and what customers still owe.

The other options are not related to sales and accounts receivable:

Option 2: Deals with budgeting, not sales.

Option 3: Involves financial statements, not sales tracking.

Option 4: Relates to purchases and payments, not sales.

2026: 21 May Shift 2

Development of coding structure requires identification (finalisation) of hierarchy of schooling system and that of various attributes (parameters) associated with a student. A hierarchy in such a situation could be as follows:

A. Entry-year

B. Stream

C. Class

D. Section

Choose the correct answer from the options given below:

2025: 16 May Shift 1

The primary account which records all the financial transactions in a tally is

2026: 13 May Shift 1

Identify the feature of a computerized accounting system that enables data entry with security ?

2025: 22 May Shift 1

Sequential codes are applied primarily to source documents such as ...........?

2022: 15 July Shift 2

Which key combination collapse the ribbon?

2025: 24 May Shift 1

What type of coding uses abbreviations or letters to represent specific information like "SJ" for Sales Journal?

(A) Sequential Code

(B) Block Code

(D) Numerical Code

Choose the correct answer from the options given below:

The Sales and Accounts Receivable Subsystems deals with:

Solution

Related questions:

Keyboard Shortcuts

CUET Accountancy Past Year Questions (Topic-Wise)