It is being forwarded to General Ledger (GL) for posting of the total to the GL file in order to update accounts payable and GL files.Select one:a.Receiving reportb.Check registerc.Vendor's packing slip and the voucher.d.Vendor's packing slip and the purchase order.Clear my choice

It is being filed in the closed voucher file, and an account summary is prepared and sent to the general ledger function.Select one:a.Vendor's packing slip and the purchase order.b.Voucher Packetc.Check registerd.Receiving report

The total of sales book was not posted to the ledger. This is an error of ________*1 pointOmissionCommissionPrincipleNone of the above

The inventory control clerk examines the inventory records for items that must be replenished and prepares a two-part purchase requisition. Copy 1 of the requisition is sent to the purchasing department and Copy 2 is filed.Upon receipt of the requisition, the purchasing clerk selects a supplier from the valid vendor file (reference file) and prepares a three-part purchase order. Copy 1 is sent to  the  supplier,  Copy  2  is  sent  to  the  accounts  payable  department  where  it  is  filed temporarily, and Copy 3 is filed in the purchases department.A  few  days  after  the  supplier  ships  the  order,  the  goods  arrive  at  the  receiving department.  They are inspected, and the receiving clerk prepares a three-part receiving report describing the number and quality of the items received. Copy 1 of the  receiving  report  accompanies  the  goods  to  the  warehouse,  where  they  are secured and the receiving report is filed. Copy 2 is sent to inventory control, where the clerk posts it to the inventory records and files the document.  Copy 3 is sent to the accounts payable department, where it is filed with the purchase order.A day or two later, the accounts payable (AP) clerk receives the supplier’s invoice (bill) for the items shipped. The clerk pulls the purchase order and receiving report from  the  temporary  file  and  compares  the  quantity  ordered, quantity  received,  and the  price  charged.  After reconciling the three documents,  the  clerk  enters  the purchase in the purchases journal and posts the amount owed to the accounts payable subsidiary account.On the payment due date, the AP clerk posts to the AP subsidiary account to remove the liability and prepares a voucher authorizing payment to the vendor. The voucher is then  sent  to  the  cash  disbursements  clerk.  Upon receipt of  the  voucher,  the  cash disbursements clerk prepares a check and sends it to the supplier. The clerk records the check in the check register and files a copy of the check in the department filing cabinet.

The receipt and payment account is a summary of:(A) debit and credit balance of ledger accounts(B) cash receipts and payments(C) expenses and income(D) assets and liabilities

The entry to record a purchase allowance granted on a credit memo includes a debit to which account in the general ledger?Multiple ChoiceCashAccounts PayablePurchases Returns and AllowancesPurchases Discounts