Invoices when sent with the goods do not require a covering letter. An exception may be made when sending them to a ______________.

poor customer

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old customer

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new customer

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(a) & (b)

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Solution

The correct option is C new customer
A new customer is an entity (a person, business, or other organization) that has not previously purchased one's goods or services, but has now made a purchase of those goods or services. .Until that point, they are a potential customer or a prospective customer.

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The realisation concept determines when goods sent on credit to customers are to be included in the sales figure, for the purpose of computing the profit or loss for the accounting period. Which of the following tends to be used in practice to determine when to include a transaction in the sales figure for the period? When the goods have been

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Invoices when sent with the goods do not require a covering letter. An exception may be made when sending them to a ______________.

The correct option is C new customerA new customer is an entity (a person, business, or other organization) that has not previously purchased one's goods or services, but has now made a purchase of those goods or services. .Until that point, they are a potential customer or a prospective customer.

The correct option is C new customer
A new customer is an entity (a person, business, or other organization) that has not previously purchased one's goods or services, but has now made a purchase of those goods or services. .Until that point, they are a potential customer or a prospective customer.