Page 73 - Auditinf Electronic System

There are three classes of transactions included in the cycle:

1- Acquisitions of goods and services (Assets or Goods)

PPE 100,000

Cash /AP 100,000

Purchases (Inventory) 100,000
Cash /AP 100,000

2- Cash disbursements (payments) 50,000
A/P 50,000
Cash

3- Purchase returns and allowances and purchase discounts
A/P 20,000
Purchase discount/ Purchase R& A 50,000

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‫جميع الحقوق محفوظة ـ الإعتداء على حق المؤلف بالنسخ أو الطباعة يعرض فاعله للمسائلة القانونية‬