You were hired to assist Ashton Fleming in designing an accounting system for S&S.

Ashton has developed a list of the journals, ledgers, reports, and documents that he thinks S&S needs (see Table 2-4). He asks you to complete the following tasks:

a. Specify what data you think should be collected on each of the following four documents: sales invoice, purchase order, receiving report, employee time card.

b. Design a report to manage inventory.

c. Design a report to assist in managing credit sales and cash collections.

d. Visit a local office supply store and identify what types of journals, ledgers, and blank forms for various documents (sales invoices, purchase orders, etc.) are available. Describe how easily they could be adapted to meet S&S’s needs.