The customers accounting department should compare the purchase invoice from the supplier to: a. The Purchases account
Question:
The customer’s accounting department should compare the purchase invoice from the supplier to:
a. The Purchases account and the sales invoice.
b. The Purchases account and the purchase order.
c. The receiving report and the Purchases account.
d. The receiving report and the purchase order.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (8 reviews)
The correct answer is c The receiving report and the Purchases account The customers accounting depa...View the full answer
Answered By
Santosh Reddy
I have been a tutor for over 10 years. I have experience working with students of all ages, from elementary school to college. I have also tutored students with different learning styles and abilities. I am familiar with a variety of subjects, including math, science, English, history, and Spanish. I am able to adapt my teaching style to meet the needs of each individual student. I am patient and supportive, and I strive to help my students succeed.
I believe that one of the most important aspects of tutoring is the ability to build a rapport with the student. I work to create a positive and supportive learning environment where the student feels comfortable asking questions and seeking help. I also believe that it is important to be flexible and accommodating to the student's needs. I am willing to adjust my schedule and meeting times to ensure that the student is able to get the help they need.
I am confident in my ability to help students improve their grades and succeed in their studies. I have a proven track record of success, and I am committed to helping my students reach their goals. If you are looking for a tutor who is experienced, knowledgeable, and supportive, then please contact me. I would be happy to discuss your needs and how I can help you achieve success.
0.00
0 Reviews
10+ Question Solved
Related Book For
College Accounting A Contemporary Approach
ISBN: 9781260780352
5th Edition
Authors: David Haddock, John Price, Michael Farina
Question Posted:
Students also viewed these Business questions
-
Which of the following are enzymes found in neutrophil granules, saliva, and milk that react with hydrogen peroxide to form antimicrobial compounds? A) Peroxidases B) Lactoferrins C) Transferrins D)...
-
The following procedures are used for EGO Company: EGO's purchasing manager approves all purchases above $250. This allows the administrative staff to use the petty cash system to purchase minor...
-
The following text talks about how the Expenditure cycle works in an organization The expenditure cycle is a recurring set of business activities and related information processing operations...
-
Factor each polynomial. 64y 9 + z 6
-
What are the four basic category roles? Give an example for each of them.
-
What do you mean by utopia point? What is the significance of that point?
-
Why is the application of power used to assist in the recovery of a stall, but not a spin?
-
Pardee Chemicals inventory of ND301 on January 1 was 7,500 gallons, costing $ 0.54 per gallon (periodic inventory). In addition to this beginning inventory, purchases during the next six months were...
-
Galileo dropped two balls from the Leaning Tower of Pisa. The tower is about 56 m tall. For the questions below, assume the mass of one of the balls is 10 kg and the mass of the second ball is 18 kg....
-
PCAOB Disciplinary Orders Utilize the PCAOB website to respond. PCAOB Release No. I05-2017-054, dated December 19, 2017, is a PCAOB Order formally sanctioning Grant Thornton and fining the firm $1.5...
-
What is the relationship of the Accounts Payable account in the general ledger to the accounts payable subsidiary ledger?
-
What is a purchase allowance?
-
Solve the given equation. 23x - x = 5
-
Karlin Enterprises manufactures two games. Standing orders require that at least 24,000 space-battle games and 5,000 football games be produced per month. The Gainesville plant can produce 600...
-
A plane with a tail wind makes its 945-mile flight in 3 hours. The return flight against the wind takes a half hour longer. What is the wind speed?
-
A convalescent hospital wishes to provide, at a minimum cost, a diet that has a minimum of \(200 \mathrm{~g}\) of carbohydrates, \(100 \mathrm{~g}\) of protein, and \(20 \mathrm{~g}\) of fat per day....
-
Noxin Electronics has investigated the feasibility of introducing a new line of magnetic tape. The study shows that both supply and demand are linear. The supply can increase from 1,000 items at \(\$...
-
The Wadsworth Widget Company manufactures two types of widgets: regular and deluxe. Each widget is produced at a station consisting of a machine and a person who finishes each widget by hand. The...
-
A clump of soft clay is thrown horizontally from 8.50 m above the ground with a speed of 20.0 m/s. Where is the clay after 1.50 s? Assume it sticks in place when it hits the ground.
-
Give an example of transitory income. What effect does this income have on the marginal propensity to consume?
-
An excerpt from the Consolidated Statements of Earnings for The Home Depot, Inc., is presented below. Review the financial data and answer the following analysis questions: Analyze: 1. The Home...
-
An excerpt from the Consolidated Statements of Earnings for The Home Depot, Inc., is presented below. Review the financial data and answer the following analysis questions: Analyze: 1. The Home...
-
What major safeguards should be built into a system of internal control for purchases of goods?
-
1.14 Show that the filter with coefficients [a-2, a-1, a0, a1, a2] = [-1, 4, 3, 4, -1] passes third-degree polynomials and eliminates seasonal components with pe- riod 3.
-
During the previous 25 day billing cycle your credit card balance was at $273 for 5 days, $123 for 4 days, $135 for 7 days, $191 for 3 days, and $210 for 6 days. Show your work. a. What was the...
-
The figure below shows, in cross section, four wires that are parallel, straight and very long. The currents in the wires are as follows: i1 = 233 A, 12 = 185 A, i3 = 96.0 A, and i4 = 100 A. The...
Study smarter with the SolutionInn App