Multiple Choice
The usual source for journal entries posted to the general ledger to record the purchase of inventory is
A) Sales invoices updated with cost data from the inventory records department.
B) Purchase invoices updated with cost data from the inventory records department.
C) Receiving reports updated with cost data from the accounts payable department.
D) Vouchers payable journal from the accounts payable department.
Correct Answer:
Verified
Correct Answer:
Verified
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