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Exam Financial User topic 1 question 13 discussion

Actual exam question from NetSuite's Financial User
Question #: 13
Topic #: 1
[All Financial User Questions]

To which account should the customer payments be posted in order to consolidate all customer payments recorded through the day into one bank deposit at the end of the day?

  • A. Undeposited Funds
  • B. Bank Account
  • C. Customer Deposits
  • D. Accounts Receivable
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Suggested Answer: A 🗳️

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