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financial reporting process

Assignment Instructions

In an accounting system, there are five main components. Each part has a different job and accomplishes a different step in the financial reporting process. The five components are source documents, input devices, information processors, information storage, and output devices. During this Module, we have also focused on the special journals including the sales, cash receipts, purchases, cash payments and general journal.

 

For this assignment, you have been asked to analyze the sales journal specifically, and create a PowerPoint presentation explaining the process of journalizing, posting to the subsidiary ledger and posting to the general ledger. Be sure to include in your summary, the process for proving the ledgers.

 

Length/Formatting Instructions

Font 12 point, Times New Roman or Calibri Font

Program/File Type Submit in Word

Attachments Should be pasted into the Word document if possible.

Referencing system

APA referencing system is necessary in assignments, especially material copied from the Internet.

 

For examples of correct citations, visit the following links:

 

http://owl.english.purdue.edu/owl/resource/560/01/

 

File Name Lastname_firstname_[Course Code]_M[Module #] Assignment

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