home / study / business / accounting / accounting questions and answers / following are a list of events for 2003. you are responsible for completing the documents related Question: Following are a list of events for 2003. You are responsible for completing the documents related.Following are a list of events for 2003. You are responsible for completing the documents related to these events (from the revenue and expenditure cycles), recording the transactions, if required, in the special journals, posting these to the ledgers (general ledger and subsidiary ledger when applicable) and prepare some reports. As part of this assignment, you will take on the many roles of the individuals from the different departments that are responsible for

the transactions.

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 Inc with an expected delivery date of Dec 30. Issue P.O. Number 358.This is the Expenditure Cycle Step 1.

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)

Customer Sales Order Number: Customer Number: Customer P.O. Number: QuantityUnit Ordered Number Product Description Total Back Log Don't worry Total Order Sales Order Manager: Credit Approval: Copy 1: Customer Copy (Order Acknowledgement) Copy 3: Warehouse (Picking)-(Not used in this project) Copy 4: Sales Order Department(Not used in this project) Customer Sales Order Number: Customer Number: Customer P.O. Number: QuantityUnit Ordered Number Product Description Total Back Log Don't worry Total Order Sales Order Manager: Credit Approval: Copy 1: Customer Copy (Order Acknowledgement) Copy 3: Warehouse (Picking)-(Not used in this project) Copy 4: Sales Order Department(Not used in this project) Customer Sales Order Number: Customer Number: Customer P.O. Number: QuantityUnit Ordered Number Product Description Total Back Log Don't worry Total Order Sales Order Manager: Credit Approval: Copy 1: Customer Copy (Order Acknowledgement) Copy 3: Warehouse (Picking)-(Not used in this project) Copy 4: Sales Order Department(Not used in this project) Customer Sales Order Number: Customer Number: Customer P.O. Number: QuantityUnit Ordered Number Product Description Total Back Log Don't worry Total Order Sales Order Manager: Credit Approval: Copy 1: Customer Copy (Order Acknowledgement) Copy 3: Warehouse (Picking)-(Not used in this project) Copy 4: Sales Order Department(Not used in this project)