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Showing posts from February, 2020

Exam

Pitok Grocery is the most popular wholesale grocery store in Cagayan de Oro City. Aside from cash payment, they also let customers to purchase through credit. To apply for a credit account, a customer needs to provide his full name, address, contact number, birth date, source of income and monthly income. After a customer is approved for a credit account, he will be assigned to a group based on the terms provided by the store. As of the moment, there are four groups namely Bi-monthly, Monthly, 45 days and 60 Days and they have the option to add more groups when necessary When a customer makes a purchase, he is going to be issued with a sales invoice. The invoice contains the total amount of the items he purchased for that transaction. That customer is then billed according to what group he belong. When a customer makes a payment, he will be given with an official receipt as a proof that he already made a payment against the invoice he was billed for. The clerk is going to record ...