Question: Question 2 (10 marks) Financial Reporting System The following are journal entries forwarded to a typical General Ledger department, assuming perpetual inventory stock the 10
Question 2 (10 marks) Financial Reporting System The following are journal entries forwarded to a typical General Ledger department, assuming perpetual inventory stock the 10 items from A to J (1 mark each). recording is used. Please complete the following table by answering Doeument used by the GL department to verify against Journal Entry Journal Voucher Event prepared by this Journal Voucher Dr. Account Receivable Upon shipping to customers 2B r.Sales Upon sending invoices to customers Upon receiving payments from customers 2C Inventory Control 2D AR summaries supplied by AR 2E 2F Dr. Inventory Stock Summaries supplied by 2G 2H Inventory Control Cr. Accounts Payable Upon payments to suppliers Cash Disbursement 2i 2J or Treasury
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