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OTA Corporation Completed the Following Events as Part of Its

question 33

Essay

OTA Corporation completed the following events as part of its acquisition/payment process.For each event, indicate the document(s) OTA would use.(Some events may require more than one document; other transactions may require no documents.)
a.Received request to order 300 units of inventory with an expected cost of $1,400.
b.Purchased inventory on account, $1,500.Terms: 2/10, n/30.
c.Paid freight bill on inbound inventory, $300.
d.Received previously ordered inventory.
e.Returned previously purchased merchandise to supplier, $200.
f.Paid vendor total amount owed on the 15th day after purchase.


Definitions:

Cognitive Response

The internal thought process and mental activities triggered by external stimuli, influencing how information is perceived, processed, and remembered.

Physical

Refers to anything pertaining to the body or involving bodily movements.

Emotional

Pertaining to feelings or psychological states that arise in response to stimuli, affecting moods and behavior.

Exaggerated

Describes something that has been presented in a way that makes it seem more important, serious, or large than it actually is.

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