The XYZ Company distributes three product lines to seven customers. Sales are recorded manually on invoices. Separate

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The XYZ Company distributes three product lines to seven customers. Sales are recorded manually on invoices. Separate invoices are always used to record sales of product line number 1. Sales of the other two product lines are always recorded together on a single invoice.
The manager would like to know the total daily sales of each product line in dollars and also the daily sales total for each product line sold to each customer.
To develop this information manually, the manager will collect all the invoices at the end of each day. A separate worksheet will be used to record the daily sales total for each product line. Each worksheet will have seven columns with separate headings—one for each customer. The manager will record each day’s sales totals on a separate line of each worksheet.
Design a system with the specific steps necessary to develop and record the desired information from the daily batch of sales invoices.

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Accounting Information Systems

ISBN: 9780132871938

11th Edition

Authors: George H. Bodnar, William S. Hopwood

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