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1. What is Purchase Requisition? Prepare a Purchase Requisition for Thomas Clothing Company for 100 units of Ladies Jacket @ $50 each. Q2. In reference

1. What is Purchase Requisition? Prepare a Purchase Requisition for Thomas Clothing Company for 100 units of Ladies Jacket @ $50 each. Q2. In reference to Q1, preapare a sales invoice by Thomas Clothing Company. Q3. What is the difference between FOB Shipping and FOB Distination. Give example. Q4. What is the difference between Cash Discount and Trade Discount? Q5. What is the difference between a Debit and Credit Memorandum?

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