Explain the relationship between a purchase requisition

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Reference no: EM133420047

Book: College Accounting: A Practical Approach, Jeffrey Slater, Pearson Publishing, 14th Edition.

Question 1. Explain the relationship between a purchase requisition, purchase order and purchase invoice. Why would a company need to use each of them?

Question 2. Explain the terms FOB destination and FOB shipping point and how they affect how a sale or purchase will be recorded.

Question 3.What have you been wondering about relating to the themes in the chapter 10?

Reference no: EM133420047

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