1) Refer to Page 21 on the SUA guide - Instructions, Flowcharts, and Ledgers. In the Cash Receipts ow chart, what are the actions associated with Jim Andrews

2) Refer to Page 22 on the SUA guide - Instructions, Flowcharts, and Ledgers. In the Purchase on Account ow chart, what are the actions associated with Jim Andrews

CASH RECEIPTS Receipt of Cash (Jim Adams) Deposit (Ray Kramer) Deposit Validation (Nancy Ford) Receive check Receive validated deposit receipt from bank Checks received for cash sales include customer purch, ord Check Restrictively endorse check Deposit receipt (validated) -105-mi Adams is assisted here by Ford Customer purch. ord. Check TO A p. 18 Prepare bank deposit slip for each day's receipts Agree deposit receipt and prelitto cash receipts journal Initial journal Enter on cash receipts prelist Cash rec. prelist , Deposit receipt (validated) Check Check Bank deposit slip Cash receipts prelist NT Cash receipts journal - Only collections on acc. rec, get posted to sub- sidiary ledger To bank, each day cash is received Make entry in cash receipts journal and acc. rec. sub. ledger Accounts receivable subsidiary ledger Pulled monthly for bank recon- ciliation process Cash receipts prelist NT File Description NT = Numerically, temporary = 21 PURCHASES ON ACCOUNT Purchase Order (Nancy Ford) Accounting (Jim Adams) Receive invoice from vendor Receiving (Nancy Ford) Receive goods from vendor/returns from customer Receive oral requisition Receiving report 2 Approved purchase order 0-1S See note A below Vendor invoice -- Prepare prenumbered purchase order Prepare prenumbered receiving report Note and resolve differences in quantities and prices, adjust documents and initial invoice Purchase order 2 Return receipt a purchase or retumed Receiving report for returned sale Purchase order sale? Approved P.O. 2 Receiving report Purchase To A p. 20 Vendor invoice Purchase order approved and signed by Kramer Receiving report for purchase Purchases journal Make entry in purchases journal and acc. pay, sub ledger Approved P.O. 2 VTC VTC Accounts payable subsidiary ledger Approved purchase order Yes Prepare fixed asset sub ledger record Is acquisition a fixed asset? No To supplier (vendor) ) Fixed asset sub, ledger record Approved P.O. 2 Receiving report File Description VT = Vendor, temporary, by due date VTC = Vendor, temporary, chronological Vendor invoice Documents attached together Note A To show evidence of a transfer of ownership, a copy of a bill of lading normally would accompany goods received. This copy is not included for merchandise received in this project because the document would have been prepared by the vendor rather than any Waren personnel. However, a bill of lading is prepared for each of Waren's shipments to customers. VT . p. 23 22 CASH RECEIPTS Receipt of Cash (Jim Adams) Deposit (Ray Kramer) Deposit Validation (Nancy Ford) Receive check Receive validated deposit receipt from bank Checks received for cash sales include customer purch, ord Check Restrictively endorse check Deposit receipt (validated) -105-mi Adams is assisted here by Ford Customer purch. ord. Check TO A p. 18 Prepare bank deposit slip for each day's receipts Agree deposit receipt and prelitto cash receipts journal Initial journal Enter on cash receipts prelist Cash rec. prelist , Deposit receipt (validated) Check Check Bank deposit slip Cash receipts prelist NT Cash receipts journal - Only collections on acc. rec, get posted to sub- sidiary ledger To bank, each day cash is received Make entry in cash receipts journal and acc. rec. sub. ledger Accounts receivable subsidiary ledger Pulled monthly for bank recon- ciliation process Cash receipts prelist NT File Description NT = Numerically, temporary = 21 PURCHASES ON ACCOUNT Purchase Order (Nancy Ford) Accounting (Jim Adams) Receive invoice from vendor Receiving (Nancy Ford) Receive goods from vendor/returns from customer Receive oral requisition Receiving report 2 Approved purchase order 0-1S See note A below Vendor invoice -- Prepare prenumbered purchase order Prepare prenumbered receiving report Note and resolve differences in quantities and prices, adjust documents and initial invoice Purchase order 2 Return receipt a purchase or retumed Receiving report for returned sale Purchase order sale? Approved P.O. 2 Receiving report Purchase To A p. 20 Vendor invoice Purchase order approved and signed by Kramer Receiving report for purchase Purchases journal Make entry in purchases journal and acc. pay, sub ledger Approved P.O. 2 VTC VTC Accounts payable subsidiary ledger Approved purchase order Yes Prepare fixed asset sub ledger record Is acquisition a fixed asset? No To supplier (vendor) ) Fixed asset sub, ledger record Approved P.O. 2 Receiving report File Description VT = Vendor, temporary, by due date VTC = Vendor, temporary, chronological Vendor invoice Documents attached together Note A To show evidence of a transfer of ownership, a copy of a bill of lading normally would accompany goods received. This copy is not included for merchandise received in this project because the document would have been prepared by the vendor rather than any Waren personnel. However, a bill of lading is prepared for each of Waren's shipments to customers. VT . p. 23 22