P2P cycle with which accounts get effected at each stage
Answer / vanisri
1 Creation of Requisition
2 Creation of Purchase Order
AP Accrual A/c
Raw Material Sub Inventory A/c
5 Invoice matching with PO
AP Accrual Liability A/c
Invoice Price Variance A/c
AP Liability A/c
6 On making Payment
|Is This Answer Correct ?||17 Yes||3 No|
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