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Your text notes that all of the business processes we have studied feed data to the general ledger system. For each of the 5 business processes listed below: • Indicate which of the business events listed are activities within that business process (please use letters rather than descriptions of business events in your response)( they will only be used once) Business Processes 1. Purchasing 2. Billing/Accounts Receivable/Cash Receipts 3. Payroll 4. Order entry/Shipping 5. Accounts Payable/Cash Disbursements List of Business Events A. Payment is made to vendor on a purchase made on account B. Company deposits employer taxes at the bank C. Company asks for an allowance for box of broken lamps received from vendor D. Cash is received from a credit sale of merchandise E. Merchandise inventory is shipped to a customer F. Company writes off an account receivable that is deemed uncollectible G. Receiving dock employees unload goods from a vendor H. Customer sends a purchase order and our company creates a sales order I. Customer returns a sweater that is the wrong size J. Company accrues employer taxes
aranki university medical center is a nonprofit branch of the city hospital system. located on the wealthy south side
midland chemical co is negotiating a loan from manhattan bank and trust. the small chemical company needs to borrow
the gilster company a machine tooling firm has several plants. one plant located in st. falls minnesota uses a job
burt is the custodian at quaker inn an s corporation that has paid him bonuses over the years in the form of shares in
What is represented by the labeled lines connecting entities in an REA diagram? - Why are journals and ledgers not modeled in an REA diagram?
the following information reflects cash flow and other activities of framer company for six months ended june 30th paid
We learned in class that confirmations in the area of accounts receivable provides the best evidence for the existence assertion. Is this stated in the standard and if so, where?
This chapter defined and discussed accrual and deferral transactions.
Corresponds to CLO 2(c) Ruben Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $7.50 each, and the variable cost to manufacture them was $2.25 per unit.
What kinds of risk exist in wireless networks that can be limited by WEP, WPA, and proper use of SSID?
5 years 5000 hours of usage jan 2008 purchased 460000 salvage value of 60000 at end of 5 years 2008 usage was 1200
freeflight airlines is presently operating at 70 percent of capacity. management of the airline is considering dropping
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