When preparing the invoices, the prices come from the A. packing slips B. shipping notices C. purchase requisitions D. bill of ladings E. sales orders
When preparing the invoices, the prices come from the A. packing slips B. shipping notices C. purchase requisitions D. bill of ladings E. sales orders
Accounting Information Systems
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter4: The Revenue Cycle
Section: Chapter Questions
Problem 10MCQ
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Question
When preparing the invoices, the prices come from the
A. packing slips
B. shipping notices
C. purchase requisitions
D. bill of ladings
E. sales orders
Expert Solution
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Step 1
Answer:
Invoice is one of the most important document to identify the actual sales or purchases being made. It consists of various details as supplier, purchaser, address, price, quantity.
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