What are the journal entries in Procure to Pay Cycle?

1. On Entry of PO ________ No accounting impact
2. On Materil Receipt
Receiving Accural Dr
AP Accural Cr
3. On Completion of Inspection and goods accepted
Inventory Dr
Receiving Accural Cr
The Above mentioned entries in PO Module
4. On entering invoice in AP
AP Accural Dr
Accounts Payable Cr
5. On Payment
Accounts Payable Dr'
Cash/Bank Cr