Purchase requisition: Process of purchase or procurement of specified quantity of material for it availability at the time of requirement is known as purchase requisition. Purchase order: A document displays details of material to be purchased is called purchase order. Buyer makes this document and which permits purchase transaction. It is also known as PO. Invoice: Invoice is a document which shows details of goods and service provided to a party and thereby requests for payment to be made. Receiving report: Document presents information about the received goods such as quantity, weight, description, and seller’s details. Invoice approval: The procedure tells about the requirements before invoice amount being paid. In other words it is an approval process. Voucher: Voucher is a document which holds details of a particular transaction and with the help of which entry made in the books of accounts. To identify: Match the document column with the given descriptions in column two.

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Answer 1

Question

Chapter 6, Problem 13E

To determine

Purchase requisition:

Process of purchase or procurement of specified quantity of material for it availability at the time of requirement is known as purchase requisition.

Purchase order:

A document displays details of material to be purchased is called purchase order. Buyer makes this document and which permits purchase transaction. It is also known as PO.

Invoice:

Invoice is a document which shows details of goods and service provided to a party and thereby requests for payment to be made.

Receiving report:

Document presents information about the received goods such as quantity, weight, description, and seller’s details.

Invoice approval:

The procedure tells about the requirements before invoice amount being paid. In other words it is an approval process.

Voucher:

Voucher is a document which holds details of a particular transaction and with the help of which entry made in the books of accounts.

To identify: Match the document column with the given descriptions in column two.

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Answer 2

Question

Chapter 6, Problem 13E

To determine

Purchase requisition:

Process of purchase or procurement of specified quantity of material for it availability at the time of requirement is known as purchase requisition.

Purchase order:

A document displays details of material to be purchased is called purchase order. Buyer makes this document and which permits purchase transaction. It is also known as PO.

Invoice:

Invoice is a document which shows details of goods and service provided to a party and thereby requests for payment to be made.

Receiving report:

Document presents information about the received goods such as quantity, weight, description, and seller’s details.

Invoice approval:

The procedure tells about the requirements before invoice amount being paid. In other words it is an approval process.

Voucher:

Voucher is a document which holds details of a particular transaction and with the help of which entry made in the books of accounts.

To identify: Match the document column with the given descriptions in column two.

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Answer 3

Question

Chapter 6, Problem 13E

To determine

Purchase requisition:

Process of purchase or procurement of specified quantity of material for it availability at the time of requirement is known as purchase requisition.

Purchase order:

A document displays details of material to be purchased is called purchase order. Buyer makes this document and which permits purchase transaction. It is also known as PO.

Invoice:

Invoice is a document which shows details of goods and service provided to a party and thereby requests for payment to be made.

Receiving report:

Document presents information about the received goods such as quantity, weight, description, and seller’s details.

Invoice approval:

The procedure tells about the requirements before invoice amount being paid. In other words it is an approval process.

Voucher:

Voucher is a document which holds details of a particular transaction and with the help of which entry made in the books of accounts.

To identify: Match the document column with the given descriptions in column two.

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Answer 4

Question

Chapter 6, Problem 13E

To determine

Purchase requisition:

Process of purchase or procurement of specified quantity of material for it availability at the time of requirement is known as purchase requisition.

Purchase order:

A document displays details of material to be purchased is called purchase order. Buyer makes this document and which permits purchase transaction. It is also known as PO.

Invoice:

Invoice is a document which shows details of goods and service provided to a party and thereby requests for payment to be made.

Receiving report:

Document presents information about the received goods such as quantity, weight, description, and seller’s details.

Invoice approval:

The procedure tells about the requirements before invoice amount being paid. In other words it is an approval process.

Voucher:

Voucher is a document which holds details of a particular transaction and with the help of which entry made in the books of accounts.

To identify: Match the document column with the given descriptions in column two.

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Answer 5

Chapter 6, Problem 13E

To determine

Purchase requisition:

Process of purchase or procurement of specified quantity of material for it availability at the time of requirement is known as purchase requisition.

Purchase order:

A document displays details of material to be purchased is called purchase order. Buyer makes this document and which permits purchase transaction. It is also known as PO.

Invoice:

Invoice is a document which shows details of goods and service provided to a party and thereby requests for payment to be made.

Receiving report:

Document presents information about the received goods such as quantity, weight, description, and seller’s details.

Invoice approval:

The procedure tells about the requirements before invoice amount being paid. In other words it is an approval process.

Voucher:

Voucher is a document which holds details of a particular transaction and with the help of which entry made in the books of accounts.

To identify: Match the document column with the given descriptions in column two.

Answer 6

Chapter 6, Problem 13E

To determine

Purchase requisition:

Process of purchase or procurement of specified quantity of material for it availability at the time of requirement is known as purchase requisition.

Purchase order:

A document displays details of material to be purchased is called purchase order. Buyer makes this document and which permits purchase transaction. It is also known as PO.

Invoice:

Invoice is a document which shows details of goods and service provided to a party and thereby requests for payment to be made.

Receiving report:

Document presents information about the received goods such as quantity, weight, description, and seller’s details.

Invoice approval:

The procedure tells about the requirements before invoice amount being paid. In other words it is an approval process.

Voucher:

Voucher is a document which holds details of a particular transaction and with the help of which entry made in the books of accounts.

To identify: Match the document column with the given descriptions in column two.

Answer 7

Chapter 6, Problem 13E

To determine

Purchase requisition:

Process of purchase or procurement of specified quantity of material for it availability at the time of requirement is known as purchase requisition.

Purchase order:

A document displays details of material to be purchased is called purchase order. Buyer makes this document and which permits purchase transaction. It is also known as PO.

Invoice:

Invoice is a document which shows details of goods and service provided to a party and thereby requests for payment to be made.

Receiving report:

Document presents information about the received goods such as quantity, weight, description, and seller’s details.

Invoice approval:

The procedure tells about the requirements before invoice amount being paid. In other words it is an approval process.

Voucher:

Voucher is a document which holds details of a particular transaction and with the help of which entry made in the books of accounts.

To identify: Match the document column with the given descriptions in column two.

Answer 8

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Answer 11

Ch. 6 - Prob. 1MCQ Ch. 6 - Prob. 2MCQ Ch. 6 - Prob. 3MCQ Ch. 6 - Prob. 4MCQ Ch. 6 - Prob. 1DQ Ch. 6 - Prob. 2DQ Ch. 6 - Prob. 3DQ Ch. 6 - Prob. 4DQ Ch. 6 - Prob. 5DQ Ch. 6 - Prob. 6DQ

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