Referring to the Invoice Posting Journal printed in Step 22 of the Practical Exam, how much will Product Sales be debited?

Question

BlackTom AI · Accepted Answer

Question restatement: Referring to the Invoice Posting Journal printed in Step 22 of the Practical Exam, how much will Product Sales be debited?

Option 1: 800.00
- Why this could be tempting: 800 may represent a typical sales amount in a journal entry. 
- Why it’s not correct: In a standard sales transaction, Product Sales is a revenue account and is typically credited, not debited. A debit to Product Sales would imply reducing revenue, which contradicts normal posting conventions for an invoice posting journal unless an unusual adjustment is involved. Therefore this amount does not align with the typical posting pattern.

Option 2: 904.00
- Why this could be tempting: It might reflect a gross amount or a combination of figures from the invoice. 
- Why it’s not correct: Similar to option 1, debiting Product Sales would invert the normal revenue treatment. Unless there is a specific contra-entry or error adjustment described in Step 22, debiting Product Sales by 904.00 would be inconsistent with standard posting in an invoice posting journal. As a result, this option misrepresents the usual debit to a revenue account.

Option 3: 0
- Why this could be tempting: A zero debit might be the correct figure if Product Sales is not impacted on the debit side for that particular invoice posting, perhaps because the debit side goes to another account (e.g., Accounts Receivable or Cash) while Sales remains unaffected on the debit side in that step. 
- Why it’s correct: In many posting journals, revenue (Product Sales) is credited and the corresponding debit goes to another account like Cash, Accounts Receivable, or Cost of Goods Sold depending on the transaction flow. If Step 22 specifies that the debit to Product Sales is not required (i.e., no debit entry to Product Sales is made in that line), then the debit amount would be 0. This aligns with a posting where the revenue side is not debited in that particular step of the journal.

Option 4: 104.00
- Why this could be tempting: 104.00 might resemble a partial amount linked to tax, discount, or a misallocation in the posting. 
- Why it’s not correct: There is no standard justification for debiting Product Sales by 104.00 in a typical invoice posting, since Product Sales as a revenue account is normally either credited for the sale amount or left unaffected on the debit side if the debit occurs entirely in another account. This amount does not fit the conventional debit pattern for a revenue account in the described journal entry.

Summary guidance: The key is to align the debit side with the normal posting conventions for revenue accounts in an invoice posting journal. Revenue (Product Sales) is typically credited; a debit to Product Sales would generally only occur under unusual adjustments, which Step 22 apparently does not indicate for this question. Therefore, the amount that makes sense in that context is 0, reflecting no debit to Product Sales in that line of the journal.

SG30018E3 - Sage 300 2018 Accounts Receivable Final Exam

Referring to the Invoice Posting Journal printed in Step 22 of the Practical Exam, how much will Product Sales be debited?

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