Page 75 - Demo
P. 75
جميع الحقوق محفوظة ـ اإلعتداء عىل حق املؤلف 75 بالنسخ أو الطباعة يعرض فاعله للمسائلة القانونيةThere are three classes of transactions included in the cycle: 1- Acquisitions of goods and services (Assets or Goods) PPE 100,000Cash /AP 100,000Purchases (Inventory) 100,000Cash /AP 100,0002- Cash disbursements (payments) A/P 50,000Cash 50,0003- Purchase returns and allowances and purchase discounts A/P 20,000Purchase discount/ Purchase R& A 50,000
