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Purchase Cycle A/P Cycle LPO Credit Memo Dr. Cr. Asset Exp . Cash A/P Sale Cycle A/R Cycle Invoice Debit Memo Dr. Cr. Sales Cash A/R Asset COGS Inventory Cycle + - Income Statement Financial Position In put In put Process Process Out Put

Purchase Cycle A/P Cycle

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Purchase Cycle A/P Cycle. Sale Cycle A/R Cycle. Inventory Cycle. In put. LPO. In put. Invoice. Credit Memo. Debit Memo. +. -. Dr. Cr. Dr. Cr. Process. Asset. Cash. Process. Cash. Sales. Exp. A/P. A/R. COGS. Asset. Out Put. Income Statement. Financial Position. - PowerPoint PPT Presentation

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Page 1: Purchase Cycle A/P Cycle

Purchase CycleA/P Cycle

LPO

Credit Memo

Dr. Cr.

Asset

Exp.

Cash

A/P

Sale CycleA/R Cycle

Invoice

Debit Memo

Dr. Cr.

SalesCash

A/R

AssetCOGS

Inventory Cycle

+

-

Income StatementFinancial Position

In put In put

ProcessProcess

Out Put

The Jackson purchase. (Mayfield, KY) 1869-07-08 [p ]

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