ACC5020 Week 6 Assignment Analysis

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ACC5020 Week Six Assignment: Chapter 4 4-2 4-3 a) Vendors & Purchases > under recently used vendor reports click Cash Disbursements Journal, b) $2,500 4-5 a) January 1, 2010 b) January 26, 2010 c) No d) Purchases/Receive Inventory e) January Office Lease 4-7 a) “You can customize the Business Status layout at any time by clicking the Customize This Page button on the toolbar, b) Blank page with message “You have selected not to display Business Status information on this page. If you would like to add information, you can customize this pages to create a centralized place to monitor your business.”, c) 12 accounts listed, d) Accounts carry a credit balance, e) Balance is $8,394, Under Revenue: Year to date > Click view Income…show more content…
Analysis > Financial Manager > click radio button key balances (see attachment for both months, 2. Unit price was $172.99/1.5 ton pallet Bluestone Flagging, f) On the Business Status Navigation Center > select Calvert listed under the Vendors to pay section > end result is Purchases/Receive Inventory Invoice 89, g) Lists > General Journal List > Standard Income Statement under report (on General Journal List page), g) Reports & Forms > Accounts Receivable > Invoice Register > Invoice…show more content…
For tips on finding where it is used, click Help”. Customer has an outstanding balance of $2,522.80 to Stone Arbor Landscaping, so this cannot be deleted, b)The customers address or phone number may need updating; Therefore the Maintain Customers/Prospects option is used to add, change, or delete information about such things as customers, vendors, and general ledger accounts. Harry may need to update customer file at some point in time to complete the processing of each or all sales invoices, c) Good internal controls involves Separation of duties to not allow just one person too much control over processes; therefore denying Harry access to these other processes is implementing separation of duties and not allowing him too much access or control, d. Sales Invoice List, Customer Transaction History Report, Invoice Register, Items Sold to Customers Report, Aged Receivables Report, Customer Management Detail Report, Customer Ledger, Job Ledger, and Sales Journal, e) Ship to, Date, Ship via, Ship date, Sales rep, and Sales

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