Reference: Accounting Information Systems, Savage, Brannock, and Foksinska, 1st Edition
Complete the following steps for the Accounting transactions listed below for the Manson Company in January
1)
Enter transactions to the appropriate journals (Sales, Purchases, Cash Receipts, Cash Disbursements or
General Journal).
An example is shown for each special journal – transactions b, c, d and k. You do not
need to enter those transactions again – but be sure to include those items in your transaction totals.
Fill in the Blanks:
2)
Post to the appropriate subledgers
Post to the general ledger accounts.
Calculate a total for each general ledger account.
Give a trial balance using the totals from each general ledger
3)
Give simple schedules of AR and AP to test the accuracy of the subledgers
It’s that simple.Pay only when you are satisfied.
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