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Transactions List December 16-31, 2022 Complete each of the following transactions in accordance with the seven-step process on pages 11-12 of the Instructions and Flowcharts

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Transactions List December 16-31, 2022 Complete each of the following transactions in accordance with the seven-step process on pages 11-12 of the Instructions and Flowcharts book (step 5). Remember the importance of the flowcharts on pages 18-24 for details as to (a) documents to prepare, (b) approvals and other internal control procedures, (c) accounting entries, and (d) filing. You are to perform the roles of Ray Kramer, Nancy Ford, and Jim Adams. Flowchart page references are included in the third column of the transactions list where appropriate. Some of the following events require the preparation or modification of documents and some do not. Although documents accompany most business transactions, you are asked to prepare and work with only a representative sample in this project. Each event on the transactions list includes one of two symbols, which determine whether documents from the loose document set in this project must be prepared or used: You are required to prepare or modify documents from the loose document set for this event. An accounting entry may or may not be required. No You are not required to prepare or modify documents from the loose document set because documents would not normally be prepared or modified for this type of event. An accounting entry is required, with one exception: the annual change in employee pay rates. - Hints are provided in boxed areas like this. - Rosemont's credit limit is documented in their subsidiary ledger account. - You will use several documents and record an entry in the sales journal and the accounts receivable subsidiary ledger for this transaction. - For guidance in preparing the bill of lading, see pages 3536 of the Reference book. Transactions List December 16-31, 2022 Complete each of the following transactions in accordance with the seven-step process on pages 11-12 of the Instructions and Flowcharts book (step 5). Remember the importance of the flowcharts on pages 18-24 for details as to (a) documents to prepare, (b) approvals and other internal control procedures, (c) accounting entries, and (d) filing. You are to perform the roles of Ray Kramer, Nancy Ford, and Jim Adams. Flowchart page references are included in the third column of the transactions list where appropriate. Some of the following events require the preparation or modification of documents and some do not. Although documents accompany most business transactions, you are asked to prepare and work with only a representative sample in this project. Each event on the transactions list includes one of two symbols, which determine whether documents from the loose document set in this project must be prepared or used: You are required to prepare or modify documents from the loose document set for this event. An accounting entry may or may not be required. No You are not required to prepare or modify documents from the loose document set because documents would not normally be prepared or modified for this type of event. An accounting entry is required, with one exception: the annual change in employee pay rates. - Hints are provided in boxed areas like this. - Rosemont's credit limit is documented in their subsidiary ledger account. - You will use several documents and record an entry in the sales journal and the accounts receivable subsidiary ledger for this transaction. - For guidance in preparing the bill of lading, see pages 3536 of the Reference book

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