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Exam Financial User topic 1 question 24 discussion

Actual exam question from NetSuite's Financial User
Question #: 24
Topic #: 1
[All Financial User Questions]

On which Financial Statement are Invoices summarized?

  • A. Accounts Payable Aging
  • B. Balance Sheet
  • C. Income Statement
  • D. General Ledge
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Suggested Answer: C 🗳️
by 615e2ec at March 27, 2024, 12:43 p.m.

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615e2ec
1 month ago
This is a silly question. An income statement doesn't differentiate between a cash sale or an invoice, the balance sheet and aging only show open invoices, the GL isn't summary.
upvoted 1 times
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