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The accounting environment




                           What accounting records are

                           maintained?




                       Issued by supplier of                      Issued by business

                                  goods                              receiving goods


                                 Quotation
                                                                        Purchase order
                                Sales order


                          Dispatch note (GDN)                       Goods received note
                                                                             (GRN)
                                  Invoice

                                Statement                                  Debit note


                                Credit note

                                  Receipt                             Remittance advice









































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