When the goods are received and the receiving report has been prepared, which ledger may be updated? standard cost inventory ledger inventory subsidiary ledger general ledger accounts payable subsidiary ledger
When the goods are received and the receiving report has been prepared, which ledger may be updated? standard cost inventory ledger inventory subsidiary ledger general ledger accounts payable subsidiary ledger
Accounting Information Systems
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter5: The Expenditure Cycle Part I: Purchases And Cash Disbursements Procedures
Section: Chapter Questions
Problem 6MCQ
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When the goods are received and the receiving report has been prepared, which ledger may be updated?
-
standard cost inventory ledger - inventory subsidiary ledger
- general ledger
- accounts payable subsidiary ledger
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