What is a blind receiving report


Response to the following questions:

1. Which document, a purchase order or an invoice, is the basis for recording a purchase and a corresponding liability? Explain your answer.

2. What is a blind receiving report? How does it act as a control device?

3. What is the purpose of comparing a purchase invoice with a purchase order? of comparing a receiving report with a purchase invoice

 

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Accounting Basics: What is a blind receiving report
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