NetSuite Exam NetSuite-Financial-User Topic 3 Question 26 Discussion

Actual exam question for NetSuite's NetSuite-Financial-User exam

Question #: 26
Topic #: 3

[All NetSuite-Financial-User Questions]

which transaction transfers the customer deposit liability to offset the invoice accounts receivable GL impact?

Asales order

Bjournal entry

Cdeposit application

Dcredit memo

Show Suggested Answer

Suggested Answer: B

by Sherell at Jan 13, 2025, 06:13 PM

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Ocie

1 days ago

I agree with Ethan, deposit application makes sense because it transfers the customer deposit liability.

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Arlen

1 days ago

Definitely B) journal entry. That's the way to go for any accounting transaction adjustments.

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Wenona

4 days ago

I think the correct answer is C) deposit application. This transaction would transfer the customer deposit liability to offset the invoice accounts receivable GL impact.

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Ethan

11 days ago

I think the answer is C) deposit application.

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