Purchases, Accounts Payable and Cash Payments Public

Purchases, Accounts Payable and Cash Payments

The badge recipient developed the ability and knowledge to input purchases, accounts payable and cash payments into journals and ledgers.

[Quiz] Earners of this badge were tested on their knowledge of the objectives listed below (8-1 to 8-7) 
8-1 Record purchases of merchandise on credit in a general journal.
8-2 Compute the net delivered cost of purchases.
8-3 Post from the general journal to the general ledger accounts
8-4 Post transactions to the accounts payable subsidiary ledger.
8-5 Prepare a schedule of accounts payable.
8-6 Demonstrate a knowledge of the procedures for effective internal control of purchases.
8-7 Record purchases, sales, returns, cash payments, and cash receipts using the perpetual inventory system.

Earners of this badge are students enrolled in a basic accounting and bookkeeping course offered by Community Action Partnership of Providence (CAPP). This badge is part of a group of badges that can be found here: http://www.badgelist.com/Accounting-Bookkeeping-Course

The administrative account that grants this badge is owned and operated by Community Action Partnership of Providence (CAPP). Other CAPP badges can be found here: http://www.badgelist.com/u/CAPP

For more information about this class and/or one of the many other services/programs offered by CAPP to Providence residents please visit http://www.cappri.org/

Community Action Partnership of Providence

518 Hartford Avenue | Providence, Rhode Island 02909 
Tel. 401.273.2000 | Fax.  401.228.3078 | http://www.cappri.org/