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Author Question: The petty cash payments record indicates classified expenditures as follows: Automobile Expense, 20; ... (Read 49 times)

abarnes

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The petty cash payments record indicates classified expenditures as follows: Automobile Expense, 20; Supplies Expense, 12; Postage Expense, 6; and Miscellaneous Expense, 5 . The transaction would include
 a. debiting Automobile Expense.
   b. crediting Supplies Expense.
   c. debiting Cash.
   d. crediting Accounts Payable.

Question 2

A purchase requisition is a document that is ________.
 
  A) sent to a supplier or vendor requesting that an item be shipped
  B) used internally to request that something be purchased
  C) used internally to approve a payment for inventory
  D) sent to a supplier along with payment for inventory purchased



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asware1

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Answer to Question 1

a

Answer to Question 2

B




abarnes

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Reply 2 on: Jul 5, 2018
Excellent


T4T

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Reply 3 on: Yesterday
Gracias!

 

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