Events:

Dec. 12: Received Customer order 2011 from Shawn Patrick. It was for a total of $1,950. They ordered 10 DVD40s ($80 each), 20 DVD30s ($50 each), and 5 VHS30 ($30 each). They would like these goods on December 19. Please Process Sales Order #1200. (but do not ship the goods).This is Revenue Cycle Step 1.

Dec. 13: Received approved requisition form from Operations requesting the purchase of 20 DVD Players-Basic and 25 DVD Players-Premium. These items will be purchased from 3DN Incwith an expected delivery date of Dec 30. Issue P.O. Number 358.This is Expenditure Cycle Step1.

Dec 16: Paid amount due ($750) to Abbey Roads Inc. for Purchase Order Number 320. Issue check number 154. This is Expenditure Cycle Step 4.(Note: from Documents in process you will need: a) invoice from Abbey Roads Inc, b) PO 320 (accounts payable copy) and c) receiving report.

Dec. 17: Received all of the product promotion pamphlets purchased for the marketing department. The purchase order (P.O.) was 356. The receiving department verified that all 1,000 pamphlets were there and in good condition. The pamphlets were sent to the marketing department. Use receiving number 121. This is Expenditure Cycle Step 2.(Note: from Documents in process you will need: PO 356 receiving department copy)

Dec 18: Accounts Payable received invoice from Beach Bum Inc. for the promotion pamphlets ordered on P.O. 356. Record these as Promotion and advertising expense (account # 50300).(Note: from Documents in process you will need: Invoice#488 from Beach Bum and PO 356 accounts payable copy). (Note: this is not inventory. This is for account 50300-Promotion and Advertising Expense)

Dec. 20: Received approved requisition form from the Accounting Department requesting the purchase of 10 Pads of Columnar Paper (cost $5 each), 2 Printer Toners ($70 each), and 2 boxes of copy paper ($20 each). These items will be purchased from Highway Suppliers with an expected delivery date of January 3, 2004. Issue P.O. Number 359.

Dec 19: Shipped the goods for Sales Order number 1200. Please process the required documents and prepare packing slip/Shipping Notice # 1305, bill of lading#1305 and invoice # 1649. DO NOT include freight on the invoice.

REQUIRE: Post the information to the general ledger