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RUUSLIUII I 7(a). You are developing the policies and procedures in relation to credit sales. What processes would you include in relation to: i-)preparing invoices

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RUUSLIUII I 7(a). You are developing the policies and procedures in relation to credit sales. What processes would you include in relation to: i-)preparing invoices iiJpreparing journal entries for these invoices iii-)authorising these journal entries iv) ling invoices for auditing purposes (this may be related to the invoice numbering system)? Tip: the specic answers to these questions may not be completely found in the textbook. Use your learning and understanding of recording credit sales to arrive at your answers. Feel free to research other sources to assist you. For example, i) preparing invoices would include ensuring that an invoice contains an invoice number, company details, customer details, details of the good sold and credit terms. i-)preparing invoices ii)preparing journal entries for these invoices iiHauthorising these journal entries :I iv) ling invoices for auditing purposes (this may be related to the invoice numbering system)? lI

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