Purchasing Cycle

What are accounts affected in purchasing cycle? (You have more than 1 answer)

• Inventory

• Sales

• Purchase Return

• Cash

This document is used to order good in purchasing cycle

• Purchase Requisition form

• Purchase order form

• Sales order form

• Purchase Journal

Which documents below is to be pre-numbered?

• Receiving report

• Purchase order

• Purchase requisition

• Purchase journal

This documents are prepared by supplier ? (You have more than 1 answer)

• Supplier invoice

• Payment Voucher

• Supplier statement

• Voucher register

This document records the balanced owed to every supplier in detail

• Payment Voucher

• Purchase Journal

• General Ledger

• Account payable subsidiary ledger

What are documents in voucher package?

• Payment voucher, purchase order, receiving report

• Purchase requisition, Purchase journal, Account payable subsidiary ledger

• Purchase , Purchase return, Cash Disbursement

• Purchase requisition, Purchase order, Receiving report