Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

OVERVIEW OF TRANSACTION PROCESSING AND ERP SYSTEMS -269-3547-5 CASE 1 Bar Harbor Blueberry Farm 77 -9125378 The Bar Harbor Blueberry Farm is a family-owned, organized

image text in transcribed
image text in transcribed
OVERVIEW OF TRANSACTION PROCESSING AND ERP SYSTEMS -269-3547-5 CASE 1 Bar Harbor Blueberry Farm 77 -9125378 The Bar Harbor Blueberry Farm is a family-owned, organized approach to the farm's accounting 200-acre farm that grows and sells blucberries to He asked you to establish a proper set of books. You grocery stores, blueberry wholesalers, and small decide to start by establishing appropriate journals and roadside stands. Bar Harbor has 25 full-time em-ledgers for these transactions ployees and hires 150 to 200 seasonal workers for the harvest Presented below are a set of vendor invoices and a few partially completod journals and ledgers. Your job is For the past six summers, you have picked berrics to record these transactions and update the appropriate for Bar Harbor. When you graduated, you were hired ledgers. Be sure to leave a proper audit full-time as the accountant/ofice manager. Until now, also use Excel, Great Plains, Peachtree, QuickBooks, or trail. You may Bar Harbor kept most of its accounting rocords in a big another accounting software package of your choosing to complete this problem file box. Jack Phillips, the owner, would like a more VENDOR INVOICES DATE SUPPLIER NAME SUPPLIER ADDRESS SUPPLIER INVOICE A134 14568 893V 4699 52.067.85 L March 7 arch 1 C March 14 Buds Sol Pep Osto Farmers S PO Box 34 s 67.50 Whalers Fertilzer Route 34 s34 March 21 March 21 March 24 IEM Wholesale IFM Wholesale 10145 587 Longaview PURCHASES JOURNAL PAGE 1 DATE March 7 SUPPLIER INVOICE ACCOUNT NUMBER POST REF SUPPLIER Bud's Soil AMOUNT $2,057.85 67.5 GENERAL LEDGER ACCOUNTS PAYABLE DATE ACCOUNT NUMBER: 300 POST REF DEBIT CREDIT Balance Forward 518,735 5S GENERAL LEDGER PURCHASES DATE ACCOUNT NUMBER: 605 DESCRIPTION POST REP DEBIT CREDIT March 1

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Auditing

Authors: Michael C. Knapp

8th edition

978-0538466790, 538466790, 978-1285066608

More Books

Students also viewed these Accounting questions

Question

What are conventional, vertical, and horizontal marketing systems?

Answered: 1 week ago

Question

I didnt know who to talk to.

Answered: 1 week ago

Question

Th e complaint department was closed over the lunch hour.

Answered: 1 week ago

Question

Th ey probably would have treated me like a criminal.

Answered: 1 week ago