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lord [1]
3 years ago
9

When planning a procurement, it is useful to ______________.

Business
1 answer:
Gre4nikov [31]3 years ago
5 0

Answer & Explanation: When planning a procurement, it is useful to at least conduct a make or buy analysis which aids in determining the most cost effective approach, to consult and liaise with in-house experts in the departments of procurement, human resource, and legal, and also to insure the sponsor of the project signs off on the procurement plan. The goal of procurement planning is to increase the transparency and predictability of the procurement process while also deciding on what to buy, when and from what source.

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On January 1, 2020, Harter Company had Accounts Receivable $139,000,
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<u>Solution and Explanation:</u>

<u>Date Particulars Post ref.         Debit ($)    Credit ($) </u>

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(To record the sales revenue)    

5- Jan Notes Receivable         30000  

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18- Feb Notes receivable          8000  

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(To record the notes receivable and sales revenue)  

20- April Cash                        20400  

Notes receivable                                 20000

Interest revenue                                   400

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30 april Cash                           25000  

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25 May Notes receivable         6000  

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( To record the note settlement of past due balance)    

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Notes receivable                                      8000

Interest revenue                                         360

(To record the collection of notes payment)    

25- Aug Accounts receivable  6135  

Notes receivable                                      6000

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Sales revenue                                        12000

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Answer:

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