会计学原理原文第18版 第七章

P1
Sales Journal
SALES JOURNAL
Invoice Number 824 825 826 Accts. Receivable Dr. Sales Cr. 600 900 200 1,700 Date Jan. Account Debited 1 Jim Carson 7 Tom Talley 22 Sue Wright 31 Total PR Page 1 Cost of Goods Sold Dr. Inventory Cr 400 600 134 1,134
Input Keyboards Scanners Modems BarBar-Code Reader
C2
Components of Accounting Systems
Source Documents
Input Hardware Software Professional Judgment
Processor
C2
Components of Accounting Systems
Source Documents
Input CD Hard Drive Tape Paper Document
Processor
Storage
C2
Components of Accounting Systems
Printer Monitor Telephone CD Tape Disk Electronic File
Subsidiary ledgers are a listing of individual accounts with common characteristics.
C4
Accounts Receivable Ledger
After all items are posted, the balance in the accounts receivable controlling account is equal to the sum of the balances in the accounts receivable subsidiary ledger.
Chapter 7
AcLeabharlann Baiduounting Information Systems
Conceptual Chapter Objectives
C1: Identify fundamental principles of accounting information systems C2: Identify components of accounting information systems C3: Explain the goals and uses of special journals C4: Describe the use of controlling accounts and subsidiary ledgers C5: Explain how technology-based information systems impact accounting
C1
Fundamental System Principles
Control Principle Internal controls for management to monitor the business. Relevance Principle Provide relevant, timely and pertinent . information. Flexibility Principle System needs to meet the changing needs of company. CostCost-Benefit Principle Benefits of the system must outweigh the costs incurred.
Jan. 16 S5 1,000 Accounts Receivable Subsidiary
Cook Company
Date Jan. 25 PR S5 Debit 415 Credit Balance 415
GENERAL LEDGER Accounts Receivable Date PR Debit Credit Jan. 31 S5 1,915
Account Debited Jim Carson
PR
Each transaction yields a debit to Accounts Receivable and a credit to Sales. Also, we need to record the cost of the sale for the transaction. This column total is posted monthly.
using special journals P2: Prepare and prove the accuracy of subsidiary ledgers P3: Appendix 7-A: Journalize and post transactions using special journals in a periodic inventory system.
Analytical Chapter Objectives
A1: Compute segment return on assets and use it to evaluate segment performance
Procedural Chapter Objectives
P1: Journalize and post transactions
P1
Sales Journal
On January 1, Jim Carson purchased $600 of merchandise on account from Barry’s Bikes. The cost of the bikes was $400. Record the entry in the Sales Journal.
22 Sue Wright 31 Total
Here is the Sales Journal after recording some additional sales.
(Assume the use of a perpetual inventory system.)
P1
Sales Journal
SALES JOURNAL
Invoice Number 824 Dr. Accts. Rec. Cr. Sales 600 Date Account Debited 1 Jim Carson PR Page 1 Cost of Goods Sold Dr. Inventory Cr. 400
Increasingly, source documents are electronic files creating a “paperless” system.
Billings to customers
C2
Components of Accounting Systems
Source Documents
P1
Sales Journal
Date Jan. 1 7 Account Debited Jim Carson Tom Talley Invoice Number 824 825 826 PR Accts. Receivable Dr. Sales Cr. 600 900 200 1,700 (106/413) (502/119) Cost of Goods Sold Dr. Inventory Cr 400 600 134 1,134
Source Documents
Input
Processor
Storage
Output
C3
Now, let’s look at how we use special journals in accounting.
C3
Special Journals in Accounting
Sales Journal For recording credit sales Purchases Journal Cash Disbursements Journal For recording cash payments For recording credit purchases General Journal For transactions not in special journals Cash Receipts Journal For recording cash receipts
No. 106 Balance 1,915
P1
Sales Journal
SALES JOURNAL
Invoice Number 824 Accounts Receivable Dr. Sales Cr. 600 Page 1 Cost of Goods Sold. Dr Inventory Cr. 400
Compatibility Principle System must be compatible with aims of the company.
C2
Components of Accounting Systems
Source Documents
Invoice from supplier
Employee earnings records
P1
Sales Journal
SALES JOURNAL
Invoice Number 824 Date Jan. Account Debited 1 Jim Carson PR Page 1 Accounts Cost of Goods Receivable Dr. Sold Dr. Sales Cr. Inventory Cr. 600 400
C4
Subsidiary Ledgers
Characteristic Amounts due from customers Amounts owed to creditors Controlling Account Accounts Receivable Accounts Payable Subsidary Ledger Accounts Receivable Ledger Accounts Payable Ledger
GENERAL LEDGER Accounts Receivable Date PR Debit Credit Jan. 31 1,700
No. 106 Balance 1,700
Post the total to the General Ledger accounts.
GENERAL LEDGER Sales Date Jan. 31 PR Debit No. 413 Credit Balance 1,700 1,700
A in the posting reference column indicates the transaction was posted to the subsidiary account.
ACCOUNTS RECEIVABLE LEDGER
Jim Carson
Date Jan. 1 PR S1 Debit 600 Credit Balance 600
Accounts Receivable Subsidiary
Adams Company
Date PR Debit Credit Balance 500 1 500 AccountsJan. ReceivableS5 Subsidiary
Baine Company
Date PR Debit Credit Balance 1,000
Daily, each transaction is posted to the appropriate accounts receivable subsidiary account.
ACCOUNTS RECEIVABLE LEDGER
Jim Carson
Date Jan. 1 PR Debit 600 Credit Balance 600