Methods used to account for accrual system entries:

How will you process credit purchases & sales?

What special journals & ledgers will you keep?

How will you verify the correct amount is owed or owing?

How will you check for errors?

Methods for presenting ledgers

What order of accounts will you use in your General Ledger?

What order will you write entries in?

How will you know which journal the entry came from?

How will you check for errors?

Methods for presenting journals

Credit Journals

What kind of transactions will be written?

What documentary evidence is required for an entry?

What order will you write entries in?

How will you check for errors?