SUA Packet 3328- Exam 1 (Baer)
Journal Entr : Request purchase of goods - ANSWER-none
y
Journal Entr : Order goods, Approve Purchases - ANSWER-none
y
Journal Entr : Receive Goods - ANSWER-none
y
Journal Entr : Process Invoice - ANSWER-Dr. Purchases (Inventor ) or Fixed Assets
y y
Cr. A/P
Journal Entr : Pa Invoice - ANSWER-Dr. A/P
y y
Cr. Cash
Cr. Purchase Discounts
Documents: Request purchase of goods - ANSWER-purchase requisition orall sent to y
Nanc Ford (often an additional formal document)
y
Sample Data Collected: Receive Goods - ANSWER-date, vendor name & address,
freight carrier & terms, items & quantit , condition, receiving clerk, delivered to
y
Sample Data Collected: Process Invoice - ANSWER-PO (see above), receiving report
(see above), date of invoice, vendor invoice # name and address, items (quantit & y
price), total amount, date due and terms
Sample Data Collected: Pa Invoices - ANSWER-invoice amount, date due, and terms,
y
check #, check date, check amount
Department: Request purchase of goods - ANSWER-various, inventor management
y
department
Department: Order goods, Approve Purchases - ANSWER-purchasing- Nanc Ford, Ray y
Kramer manager approves
Department: Receive Goods - ANSWER-Nanc Ford also receieve
y
Department: Process Invoice - ANSWER-Accounting (Jim Adams)
Journal Entr : Request purchase of goods - ANSWER-none
y
Journal Entr : Order goods, Approve Purchases - ANSWER-none
y
Journal Entr : Receive Goods - ANSWER-none
y
Journal Entr : Process Invoice - ANSWER-Dr. Purchases (Inventor ) or Fixed Assets
y y
Cr. A/P
Journal Entr : Pa Invoice - ANSWER-Dr. A/P
y y
Cr. Cash
Cr. Purchase Discounts
Documents: Request purchase of goods - ANSWER-purchase requisition orall sent to y
Nanc Ford (often an additional formal document)
y
Sample Data Collected: Receive Goods - ANSWER-date, vendor name & address,
freight carrier & terms, items & quantit , condition, receiving clerk, delivered to
y
Sample Data Collected: Process Invoice - ANSWER-PO (see above), receiving report
(see above), date of invoice, vendor invoice # name and address, items (quantit & y
price), total amount, date due and terms
Sample Data Collected: Pa Invoices - ANSWER-invoice amount, date due, and terms,
y
check #, check date, check amount
Department: Request purchase of goods - ANSWER-various, inventor management
y
department
Department: Order goods, Approve Purchases - ANSWER-purchasing- Nanc Ford, Ray y
Kramer manager approves
Department: Receive Goods - ANSWER-Nanc Ford also receieve
y
Department: Process Invoice - ANSWER-Accounting (Jim Adams)
