Blackstone Diary products Limited is a leading producer of dairy products in Western Jamaica.Blackstone Dairy Ltd has customers throughout Jamaica and the Northern Caribbean . TheAccounting Information Division prints monthly statements and sends them to the accountsreceivable (AR) department, where a clerk mails them to the customers. Blackstone’s customersmail their payments back to the head office, where a clerk in AR batches the cheques and sendsthem to the cashier. The AR clerk then uses the payment stub to enter the payments into thecomputer, where the AR master data are updated to record the payment.REQUIRED1. Draw a context diagram do depict Blackstone’s Accounts receivable System Blackstone Diary products Limited is a leading producer of dairy products in Western Jamaica.Blackstone Dairy Ltd has customers throughout Jamaica and the Northern Caribbean. TheAccounting Information Division prints monthly statements and sends them to the accountsreceivable (AR) department, where a clerk mails them to the customers. Blackstone's customersmail their payments back to the head office, where a clerk in AR batches the cheques and sendsthem to the cashier. The AR clerk then uses the payment stub to enter the payments into thecomputer, where the AR master data are updated to record the payment.REQUIRED1. Draw a context diagram do depict Blackstone's Accounts receivable System (5 marks)

Detailed Explanation of the Context DiagramThe context diagram for Blackstone's Accounts Receivable…

Answered: Blackstone Diary products Limited is a…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter17: The Management Of Cash And Marketable Securities

Section: Chapter Questions

Problem 4P

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Blackstone Diary products Limited is a leading producer of dairy products in Western Jamaica.
Blackstone Dairy Ltd has customers throughout Jamaica and the Northern Caribbean . The
Accounting Information Division prints monthly statements and sends them to the accounts
receivable (AR) department, where a clerk mails them to the customers. Blackstone’s customers
mail their payments back to the head office, where a clerk in AR batches the cheques and sends
them to the cashier. The AR clerk then uses the payment stub to enter the payments into the
computer, where the AR master data are updated to record the payment.
REQUIRED
1. Draw a context diagram do depict Blackstone’s Accounts receivable System