LLLLLL on. See pages 5 and 6 of this book for additional filing VI. Tie uulunens nule appropriate file tab the flowchart description. See pages 5 and 6 of this bo guidance. ansaction. Repeat this process until you have completed vii. Proceed to the next transaction. Repeat this process un le transactions list (Document No. 1), except month-end all transactions on the transactions list (Document No.) and year-end procedures. WAREN'S MONTH-END PROCEDURES Following are the procedures performed at the end of each month by Waren's employees ssume after all transactions are recorded in the journals and subsidiary ledgers. 1ou are the er, Nancy Ford, and Jim Adams and perform each of these month- end procedures for December. The only materials needed are this list of seven month procedures, all journals and ledgers, and four items from the loose document set: blank monthly statement (Doc. No. 15), bank reconciliation for November (Doc. No. 22), December bank statement (Doc. No. 23), and the list of items clearing with the bank statement (Doc. No. 24). Set all other documents and records temporarily aside. 1. Jim Adams foots and crossfoots each of the five special journals (sales, cash receipts, purchases, cash disbursements, and payroll). He uses the following symbols in the special journals to indicate that his work has been performed: F for Footing and C for Cross-footing. 2. Jim Adams posts the column totals and individual transactions in Other columns to the appropriate general ledger account and updates each general ledger account balance. He places a posting reference check mark [] under each column total in the journals and by each of the individual transactions in the Other columns to show that the numbers have been posted. LLLLLL on. See pages 5 and 6 of this book for additional filing VI. Tie uulunens nule appropriate file tab the flowchart description. See pages 5 and 6 of this bo guidance. ansaction. Repeat this process until you have completed vii. Proceed to the next transaction. Repeat this process un le transactions list (Document No. 1), except month-end all transactions on the transactions list (Document No.) and year-end procedures. WAREN'S MONTH-END PROCEDURES Following are the procedures performed at the end of each month by Waren's employees ssume after all transactions are recorded in the journals and subsidiary ledgers. 1ou are the er, Nancy Ford, and Jim Adams and perform each of these month- end procedures for December. The only materials needed are this list of seven month procedures, all journals and ledgers, and four items from the loose document set: blank monthly statement (Doc. No. 15), bank reconciliation for November (Doc. No. 22), December bank statement (Doc. No. 23), and the list of items clearing with the bank statement (Doc. No. 24). Set all other documents and records temporarily aside. 1. Jim Adams foots and crossfoots each of the five special journals (sales, cash receipts, purchases, cash disbursements, and payroll). He uses the following symbols in the special journals to indicate that his work has been performed: F for Footing and C for Cross-footing. 2. Jim Adams posts the column totals and individual transactions in Other columns to the appropriate general ledger account and updates each general ledger account balance. He places a posting reference check mark [] under each column total in the journals and by each of the individual transactions in the Other columns to show that the numbers have been posted
