Sound Bytes Electronics will help students gain an overall understanding of how accounting information is recorded in journals and transferred between journals, ledgers, sub-ledgers and inventory records, and then used in financial statement preparation to help managers in making decisions for the future. The Practice Set will take the student through a one month accounting cycle and the student will fill the role of the accountant for the Proprietorship. The set will take 6-10 hours to complete and will include all source documents such as invoices, cheques, sales receipts, etc. The student processes the transactions, completes the worksheets, journal entries, special journals, and prepares a trial balance and the financial statements for the first quarter. This is a manual practice set that can be converted to a computerized set through the instructions provided for Simply Accounting.
- ISBN13 9780176104719
- Publish Date 14 April 2007
- Publish Status Active
- Publish Country GB
- Publisher Cengage Learning EMEA
- Imprint Nelson Canada
- Format Paperback
- Pages 66
- Language English