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Accounting Information Systems 8th Edition by James Hall
Edition 8ISBN: 978-1111972141Accounting Information Systems 8th Edition by James Hall
Edition 8ISBN: 978-1111972141 Exercise 42
RECORD STRUCTURES FOR RECEIPT OF ITEMS ORDERED
Refer to Figure 2-30 and the discussion about updating master files from transaction files. The discussion presents the record structures for a sales transaction. Prepare a diagram (similar to Figure 2-30) that presents the record structure for the receipt (Receiving Report) of inventory items ordered. Presume a purchase order file exists and will be updated through information collected via a receiving report. Further, presume the purchase was made on account.
Refer to Figure 2-30 and the discussion about updating master files from transaction files. The discussion presents the record structures for a sales transaction. Prepare a diagram (similar to Figure 2-30) that presents the record structure for the receipt (Receiving Report) of inventory items ordered. Presume a purchase order file exists and will be updated through information collected via a receiving report. Further, presume the purchase was made on account.
Explanation
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Record Structure:
Following figure illu...
Accounting Information Systems 8th Edition by James Hall
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