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Exam (elaborations)

SUA Packet 3328- Exam 1 (Baer) With Questions And Correct Answers

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SUA Packet 3328- Exam 1 (Baer) With Questions And Correct Answers

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Uploaded on
March 9, 2025
Number of pages
3
Written in
2024/2025
Type
Exam (elaborations)
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Questions & answers

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  • sua packet 3328 exam 1 baer with questions and

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SUA Packet 3328- Exam 1 (Baer) With
Questions And Correct Answers

Journal cEntry: cRequest cpurchase cof cgoods c- cCORRECT cANS✔✔none

Journal cEntry: cOrder cgoods, cApprove cPurchases c- cCORRECT cANS✔✔none

Journal cEntry: cReceive cGoods c- cCORRECT cANS✔✔none

Journal cEntry: cProcess cInvoice c- cCORRECT cANS✔✔Dr. cPurchases c(Inventory) cor
cFixed cAssets
Cr. cA/P

Journal cEntry: cPay cInvoice c- cCORRECT cANS✔✔Dr. cA/P
Cr. cCash
Cr. cPurchase cDiscounts

Documents: cRequest cpurchase cof cgoods c- cCORRECT cANS✔✔purchase crequisition
corally csent cto cNancy cFord c(often can cadditional cformal cdocument)


Documents: cOrder cgoods, cApprove cPurchases c- cCORRECT cANS✔✔Purchase
cOrder c(PO) c(uses cthe cpurchase crequisition


Documents: cReceive cGoods c- cCORRECT cANS✔✔Receiving creport, cbill cof clading
c(from cvendor)


Documents: cProcess cInvoice c- cCORRECT cANS✔✔Vendor cinvoice c(matched cto
cPO), creceiving creport, cpurchases cjournal, cA/P csubsidiary cledger


Documents: cPay cInvoices c- cCORRECT cANS✔✔Check c(also crefers cto cvendor
cinvoice, cPO, creceiving creport cfor csupport), ccash cdisbursements cjournal, cA/P
csubsidiary cledger


Sample cData cCollected: cRequest cpurchase cof cgoods c- cCORRECT cANS✔✔name,
citem c#, cquantity


Sample cData cCollected: cOrder cgoods, cApprove cpurchases c- cCORRECT
cANS✔✔date, cvendor cname cand caddress, citems c& cquantity, cprice, cterms
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