assignment 1.2 manual and computerized accounting systems

* CENGAGE MINDTAP Test 4A 510 Advertising Expense ACCOUNT NO. ACCOUNT 1 POST. BALANCE DATE ITEM DEBIT CREDIT REF DEBIT CREDIT Refer to the locations identified in the previous image of a blank general ledger account. Use the numbers to answer the questions about opening the general ledger accounts. In what location will the account title be entered? In what location will the account number be entered? Post all the entries in the general journal to the general ledger. PAGE 1 DELL esc 2 51

Question 10 What are 2 ways to check a client's subscription level in QuickBooks Online Accountant? From the Subscriptions and billing screen from the Gear icon From the Advanced tab in Account and Settings From the Clients tab in Account and Settings By hovering over the qb icon in the Clients menu From the Company Settings screen from the Gear icon

Make a general ledger for each account title from the general journal below.

Accounts Receivable Subsidiary Ledger The debits and credits from two transactions are presented in the following customer account: NAME Horizon Entertainment ADDRESS 125 Wycoff Ave. Debit Credit Date Item Post. Ref. Balance Feb. 1 Balance 280 Feb. 22 Invoice No. 422 CR106 120 160 Feb. 27 Invoice No. 445 R92 170 330 Select the choice that describes each transaction and the source of each posting. Journal page Date Action Invoice No. Posted From Feb. 22 Feb. 27

Accounts Receivable Subsidiary Ledger The debits and credits from two transactions are presented in the following customer account: Mobility Products Inc. NAME 46 W. Main St. ADDRESS Debit Date Item Post. Ref. Credit Balance Aug. 1 Balance 463 Aug. 10 Invoice No. 51 CR32 84 379 143 Aug. 17 Invoice No. 45 R22 522 Select the choice that describes each transaction and the source of each posting. Journal page Date Action Invoice No. Posted From Aug. 10 Aug. 17

A software package where an entry for a purchase on account updates both the general ledger and the vendors ledger is an example of:   Question 45 options:   an accounting database program   an integrated accounting software package such as Sage 50 or QuickBooks   a one-step accounting package   an excel add-on program.

Need help with these questions please. Thank you

Problem 1. - Expenditure Cycle Walker Books, Inc. (Manual System withMinimal PC Support) Purchases System The purchases process begins with the purchasing agent, who monitors the levels of books available via a computer terminal listing current inventory. Upon noticing deficiencies in inventory levels, the agent manually generates four hard copies of a purchase order: one is sent to accounts payable, one is sent to the vendor, one is sent to the receiving department, and the last is filed within the department. Vendors will generally ship the products within five business days of the order. When goods arrive in the receiving department, the corresponding packing slip always accompanies them. The receiving department clerk unloads the goods and then reconciles the packing slip with the purchase order. After unloading the goods, the clerk manually prepares three hard copies of the receiving report. One copy goes with the goods to the warehouse, another is sent to the purchasing…

engageNOWv2 | Online teachir X * CengageNOWv2| Online teachir x .com/ilrm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogre. * A eBook Show Me How Accounts Receivable Analysis A company reports the following: Sales $671,600 Average accounts receivable (net) 67,160 Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year. a. Accounts receivable turnover b. Number of days' sales in receivables days Previous Next Check My Work 11:16 AM 67°F Sunny A O E D a ) 12/3/2021 n sc hone backsoce

Content Question 7 of 8 com/was/ui/v2/assessment-player/index.html?launchId=822123d0-f06e-40f1-aecf-7add80e089e1#/question/6 X WP NWP Assessment Builder Ul App X View Policies Current Attempt in Progress The following are a series of unrelated situations. Accounts receivable A Net sales Answer the questions relating to each of the five independent situations as requested. 1. Skysong Company's unadjusted trial balance at December 31, 2025, included the following accounts. Allowance for doubtful accounts Debit Bad debt expense for 2025 $ $54,800 6,910 WP NWP Assessment Player Ul Appli X Credit $1,267,000 + -/4 = : Skysong Company estimates its bad debt expense to be 7% of gross accounts receivable. Determine its bad debt expense for 2025.

Assessment Builder UI App X iley.com/was/ui/v2/assessment-player/index.html?launchld%3D562228aa-1a3a-4c39-9085-b90c7defbe14#/question/1 NWP Assessment Player UI Appli X Chapter 3 Question 2 of 5 The ledger of Blossom, Inc. on March 31, 2022, includes the following selected accounts before adju Debit Credit Prepaid Insurance $2,000 Supplies 2,000 Equipment 29,000 Unearned Service Revenue $8,500 An analysis of the accounts shows the following. 1. Insurance expires at the rate of $400 per month. 2. Supplies on hand total $1,400. 3. The equipment depreciates $300 per month. 4. During March, services were performed for two-fifths of the unearned service revenue. Prepare the adjusting entries for the month of March. (List all debit entries before credit entries. Credit account titles are autn Credu indented when the amount is entered. Do not indent manually.) Debit Date Account Titles and Explanation No. rch

DATE ACCOUNT TITLE FIVE COLUMN JOURNAL DOC. POST NO. REF. GENERAL DEBIT CREDIT SALES CREDIT DEBIT CASH age CREDIT