1. SALES
Kramer approves
credit and initials
approval on CUg.
purchase order
(credit sales only)
Note partial shipments
and out -ot-stock items
for subsequent back-
order shipments
Receive customer
purchase order
Shipping and Billing
(Nancy Ford)
For cash sales, see
cash receipts
flowchart firs:
Serves as
packing
slip
Customer
purchase
order
Pick items from
inventory am
fill order
Gust purch. order
Bill of lading 2
Bill of lading
To customer with
merchandise
Note
Waren uses different invoices for cash sales than for
credit sales. The two types of documents are slmtar and
the two types of sales transactions are processed
sirnlarty, except where shown in the ftowcharts.
18
File Description
N = Numerically
C = Customer
Consult current
~-----1 price liS:. See
note below
Adams reviews invoice
1.-------1 and support documents
for accuracy.
Initials invoice
Gust urch. order
Sales invoice 4
Sales invoice 3
Sales invoice 2
Sales invoice
Bill of lading 2
1
Bill of lading
To customer
with freight
earner
Mailed to
customer
2. SALES
Accounting
(Jim Adams)
Bad Debt
Write-Off
(Ray Kramer)
Identify
uncollectible
accounts receivable
--I
I
I
I
I
I
I
I
I
r-----
I
I
I
I
I
I
I
Cash
Cash
or credit
sale?
General
journal
Credit Make entry in
gen. jour. and
ace. rec. sub.
ledger, and
initial both
Sales
journalI-
I
I
--------1
I
1
1
1
1-
Accounts
receivable
subsidiary
ledger
Note
The provision for bad debt expense is done
as part of Waren's year-end procedures.
Cust. purch. order
File Description
C = CustomerBill of lading
2
Sales invoice
Documents
attached
together
19
3. SALES RETURNS
Authorization
(Ray Kramer)
Receive retum
request
Retum request
Review
documents,
approve and
initial
credit memo
File Description
N = Docurrents attached & filed
numerically (chronologically)
NT = Nurrerically, terrporary
Check
Return request
Receiving report
2
Credit memo
Accounting
(Jim Adams)
Return request 1
Receiving
report for
returned sale
2
1
Credit memo
Cash
disbursements
journal
Sa les journal
Accounts
receivable
subsidiary
ledger
2
Credit memo
To
customer
20
Documents
I+---------l attached
together
4. CASH RECEIPTS
Receipt of Cash
(Jim Adams)
Checks received for
cash sales inclufe
customer purch, ord.
Only collections on ace.
ree. get posted to sub-
sidiary ledger
Receive check
Check
Deposit
(Ray Kramer)
Adams is
t- - - assisted here
by Ford
Check
Cash receipts
pre list
Cash
receipts
pre list
r-
I
I
--...,I
I
I
l_
Cash
receipts
journal
Accounts
receivable
subsidiary
ledger
Check
Check
Bank
deposit
slip
To bank,
each day cash
is received
Receive validated
deposit receipt
from bank
Deposit
Validation
(Nancy Ford)
Deposit
receipt
(validated)
Cash ree. relist
Deposit
receipt
(validated)
Pulled monthly
for bank recon-
ciliation process
File Description
NT = Numerically, temporary
21
5. PURCHASES ON ACCOUNT
Purchase Order
(Nancy Ford)
Receiving
(Nancy Ford)
Receive goods from
vendor/returns from
customer
Receive oral
requisition
~----1 See note
Abelow
Purchase order 2
1
Purchase order
Purchase
Receiving report
for purchase
A roved P.O. 2
1
Approved
purchase
order
To supplier
(vendor)
File Description
vr ; Vendor, temporary, by due date
vrc; Vendor, temporary, chronological
Note A
To show evidence of a transfer of ownership, a copy of
a bill of lading normally would accompany goods
received. This copy is not included for rrerchancise
received in this project because the decurrent would
have been prepared by the vendor rather than any
Waren personnel. However, a bill of lading is prepared
for each of Waren's shiprrents to customers.
22
Return
Receiving
report for
returned sate
Fixed asset
sob. ledger
record
Documents
attached
together
Receivin re rt
2
Approved
purchase order
Yes
Accounting
(Jim Adams)
Receivin re
Vendor
invoice
Is
acquisition
a fixed
asset?
No
Approved P.O, 2
Receivin re rt
Vendor
invoice
Receive invoice
from vendor
Vendor
invoice
Purchases
journal
Accounts
payable
subsidiary
ledger
6. CASH DISBURSEMENTS
Cash
disburse-
ments
journal
Accounts
payable
subsidiary
ledger
Payments on Account
(Jim Adams)
Vendor
invoice
Approved P.O. 2
Receivi re rt
Vendor
invoice
A roved P.O. 2
Receivin re rt
Vendor
invoice
(Ray Kramer)
Cash Purchases and
Other Cash Payments
(Jim Adams)
Receive invoice
from vendor
Vendor invoice
Check
A roved P.O. 2
Receivi re rt
Vernor invoice
Check
Cash
disburse-
ments
journal
Check
Check
Vendor invoice
To
vendor
File Description
V = Vendor
VT = Vendor, temporary, by due date
23
7. PAYROLL
Timekeeping
(Jim Adams)
Collect time cards
Time
card
Calculate
payroll
Enter payroll
in payroll
joura! am
employee
earnirgs
SLtJsidiary
, Completed
time
card
24
File Description
N = Numerically (chronologically)
Notes
1. Payroll is prepared sernrmnthly.
2. Payroll disbursements are posted to the General
Ledger from the Payroll Joumal, not the Cash
Disbursements Joumal.
Kramer approves
~---j hours am initials
time card
Wage and salary
!+_--j information located
in employee
earnirgs subsidiary
Payroll
jourral
---,
I
I
I
I
I
I
I
--"'1
I
I
I
I
I
I
I
I
I
Cash
disbursements
jourral
Employee
eamms
subsidiary
ledger
Payments
(Jim Adams) (Ray Kramer)
Payroll
creek
I
I
I
I
I
I
I
I
I
1 _
Sigred
payroll
creek
To
employee
Employee signs
time card
ackrowledging
tous ard
receipt of check
s
8. Dd. I ?alanc.e for>lard 4 q4 5 I 00 Nf
oa. "31 '5 ev :II400
./ £:.2- :J4t3V q 00 V 1:1qv 00 Nf
Nov. "30 '5 t3:1'2-V 00
./ £:.2- :1505 400 '2-40 05 00 Nf
'17PL rLl co ,v, J '1Ob.../
/ (,J( 1,'Z.Ie (l: DD "1- l- 'f ~tYD lIF
I :JI./f;:;; " .A. / P/IA.c.~J,~",( , (-f 1.-,Q- ,,~ 7_HI U!:'"
Journal Debit Credit
Debit
Balance
Ctrl
Init
GENERAL LEDGER
Dc.t. I ?alanc.e for>lard 4440 5"3
oa. "31 £:.2- I I0 t3 q 5 v4
./ co qe3 04"3v
./ Net Walle5 and '5alar'o/ 1'2- 10v I I qe
./ ?anl: '5ervic.e £:.harile &. 500 45ev 1 e"3
Nov. "30 £:.2- e'2-I 13 5v
./ £:.D 441 e I 0"3
./ Net Waae5 and '5alar'o/ 1'2- 105 qq oe
./ ?anl: '5ervic.e £:.harne &. '2-I 00 3 1:14 '2-e
1],0.(, .1, I CR I 1, Plo~"
f'A7 1'S/..! .., 92,
1..,.:t.,~Pl<b. ~ /("~ fit III '1''1., -11,
»...k If. . h iIT.-".~L f'A 01 Ji. J+.4
,
Journal Debit Credit
Debit
Balance
10100 - CASH
10200 - ACCOUNTS RECEIVABLE
Dc.t. I ?alanc.e Forvard Ih50 el
11lc c, l"}o] I~ ,t#'-'K"(ANrr6.1' ......nlf~r~'lJr c " .r
147e.L- I'H All. "ci" 11 ....J":..~;t. I' f11'1( 6t4 I'ilt""0I~
-I
Journal Debit Credit
Credit
Balance
10300 - ALLOWANCE FOR DOUBTFUL ACCOUNTS
Dc.t. I ?alanc.e for>lard I0 I el 00
')jJ I' 1"7 c.f,4 1" ..."., '70(~II~MIq~ 9t. ()(>
v I
Journal Debit Credit
Debit
Balance
10400 -INVENTORY
25
18. 37
ACCOUNTS PAYABLE SUBSIDIARY LEDGER
252 'VELOCITY SPORTING GOODS
1285 Colgrove Ave.
Pierre, SO 57501
TERMS' 2/10 Net 30 FREIGHT' Collect,
Date Description Debit Credit Balance
Od. I e>alanc.e Forward -O-
Dd .. 15 Vendor Invoice #"3:1-401 ~I :1-~1'1 00 ~I :1-~'100
Od. 14 C.hec.: ~111:1- ~I :1-~r:; 00 -0-
Nov. 3 Vendor Invoice ~33311 :1-113~000 :1-113~ 000
Nov. 13 C.hec.: ~1I:1-5 :1-h~ ~O 00 -0-
Dec.. I.; Vendor Invoice ~33%'; 3(, , II., 00 3(, 1 I 00
o«. 13 C.hec.: ~1I4:1- 3(, I I '100 -0-
,t,., r 1M IJp ,uf_J, "r..l""-, I! bi'b ~H)00, r'l. "If'. DOe
/;r)"r. 1"'7: (,J. h ...f::t' 11 ~1 119i~+(>00 -~,
253 CHICAGO OFFICE SUPPLY
1411 E. Michigan
Chicago, IL 60606
TERMS' Due on receipt of invoice FREIGHT' No Charge
Date Description Debit Credit Balance
oa. 1 e>alanc.e Forvard 10 B1 ~3
Od. 1 C.hec.: ~1111 10 ~1 B3 -0-
Oc.t. Iq Vendor Invoice ~:1-II:1- q~ 1'1 so 'q~1'1 so
Nov. ~ C.hec.: ~IIM II{~., ~O -0-
Nov. :1-1 Vendor Invoice ~:1-:1-1'; ~ oq ~ oq
Nov. :1-3 C.hec.: ~113(, 1.;15s 01{ -0-
Dec.. 1:1- Vendor Invoice ~:1-344 13(,n 00 13 (,n 00
Dec.. 1:1- C.hec.: ~1141 113(,100 -0-
I.f)or. 1ft? JeA ' ",.,/ J.
~
,..¢:f '1 :'I,1~ '5'7 rl~ 5'5 91~
hor ~I J/l 'non '. ~ /) ..lVI....." '5'"1&00 ~ 1 I l«'
261 GILLETT CONSULTING
5613 Lantern View
Chicago, IL 60612
TERMS' Net 30 days
Date Description Debit Credit Balance
Oc.t. I e>alanc.e forVlard -O-
Dd. 3 Vendor Invoice ~~BM 3(, ")0 00 3(, ")0 00
19. 406 ROSEMONT UNIVERSITY
121 E. Front
Louisville, KY 40202 CREDIT LIMIT $125000
ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER
,
Date Description Debit Credit Balance
Dd. I e>alane.e Forvard -I t:I-
De.. (, Invoice #1~~ 1 Ie I1200 11qle II~ oc
De.. 14 'Pa"ment #1~~ 1:2[qIe I 00 -I cI-
Nov. 1 Invoice #1~4 ''''I~ILl t. 00 11~ILlc oc
Nov. 11 Pasment #1~4 I:21A 00 -lc I-
o«. ~ Invoice #1~1 11IA 00 I L 11I~ oc
Dee.. q 'Pa"ment #1~1 I~ I1 00 -Ie
407 CLAYBORN UNIVERSITY
13210 S. Upton
Logansport IN 46947 CREDIT LIMIT $125000, ,
Date Description Debit Credit Balance
oa. I e>alane.e Forward -0-
o«. 1 Invoice #l~e 111J'i1200 11:2I.: 00
Dee.. 14 Pavment #l~e 1~ 1:200 -0-
~ q , M "6 i On "*' 11"l lie: 11IHJO l .I,.. jew.
408 BRANCH COLLEGE
242 W. Holt Road
Trenton MO 64683 CREDIT LIMIT' $100000, ,
Date Description Debit Credit Balance
oa. I e>alane.e Forward 4(,1.: , oc
Oct. 1 Pasment #1~1 41'i3I': 1 00 11:20 o or
Nov. 10 Invoice #1~'i 31:2lqI 00 341 111oe
Nov. Ie Pasment nit; 31:2lq11:200 11:20 o or
Dec.. 13 Invoice #130 1(,Iii (,00 1:2el'i (,oc
Vee. 1.'J 17.'" ••• q-j ....,'A,'" oP -r :" r., ( Ie blO( I " 0 -'!t'..o
38
20. ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER
409 UNIVERSITY OF SOUTHERN IOWA
1231 S. Cedar
Dubuque. IA 52003 CREDIT LIMIT: $100.000
Date Description Debit Credit Balance
oa. 1 e>alanc.e Forvard -0-
39
410 EASTERN WISCONSIN UNIVERSITY
14123 W. Saginaw
Madison WI 53702 CREDIT LIMIT: $75000
•
.
Date Description Debit Credit Balance
Dd. 1 e>alanc.e Forward -0-
Nov. 14 Invoice #11-(, 1-41'10Iii 00 1-4 OIl; 00
Nov. 1-1 'Partial 'Pa..,ment #11-(, 00 000 Ilq Oil; 00
o«. I 'I Invoice #11-'1 1-1 e1 I~00 41 11 100
I{lnc II 1-1 I' ItA A- r(...- 1/.ill 000 11!1~ ~1100.
11"'12/C 1L v,,,-r- ..l {}t...""".~ ¥ 1;' "j I~I,..il"11100 11- '],lj 76C
411 STEVENSON COLLEGE
2689 Industrial Boulevard
Chicago IL 60614 CREDIT LIMIT' $75 000, ,
Date Description Debit Credit Balance
Dc.t. 1 e>alanc.e Forward 11-'I0000
oa. 1-4 Invoice #11-'3 .,1 (,1'1(,00 (,0 '1(,00
Nov. 1 Return for C.redit #C.M-41 1-'30 1400 '31 t;e1- 00
Nov. 1 Pasment #11-'3 '34(, e200 2'1 0000
//p(' '7-J {kr,.,(/n·-tt,},;i:-- (f'lDMJ> ._•..It"r",..... "'9 0"> M -0-
, -, 7.
21. PAY RATE HISTORY
Pay Time Filing Withholding Effective Approved
Rate Unit Status Allowances Date By
Ray Kramer $3,400.00 semimonthly M 2 12/16/11 ~t::
$3!J]00 semimonth Y. M 2 12/16/1 ~t::
:h b fA- "Z- It lb ( Rl<
Jim Adams $20.00
$21.00
([.7,
hourly
~
s
s
;2
2
2
'1,...
12/16/11
12/1i/1il-z.-fA, I:'
Nancy Ford $17.00
11>
M
t1
3
~
10/1/13 Hire date, ~t::
l1-1r b/I":J R.l<,
---------------------------------------------------------------------------------------------
EMPLOYEE EARNINGS SUBSIDIARY LEDGER
Employee's Name Ray Kramer Soc. Sec. No. 36S-73-2376
Home Address 417 Cherry, Chicago, 60912 Phone No. ---'7-"Sc'C1-"'3""S6""S'----- _
Employed 4/6/02 Date of Termination
Date of Birth 2/15/70 Occ P f Mu a Ion anager
Date Hours Worked
Federal
Period Regular Overtime Gross Income Net
Endi~g Paid Hours Hours Pay F.I.C.A. Tax Pay
10- 0 1- 13 It I,I. e II d (,3 00 000 4s 11'150 1 50 1S I~01~1~1111-
10- 15 - 13 10 - I 5 - 13 350 000 1-(,1 15 44 1 11 11'1054
10-3 1- 13 10 -'3 1- 13 31r:;0000 I~(,1 15 44 1 11 I~1110154
I/J I m ul Jl ivii il, a T t a I 10 00 000 I.:31'511i00 SS3 41-0 IiiIii S 10 so
1 1- 5 - 13 1 1- 5 - 13 350 000 1-(,1 15 44 1 11 1:2 11'10 54
1- 3 0 - 13 1 1-12 'I - 13 350 000 1-(,1i 1li 44 I 11 11~01'54
1/1 I m ul i vi. i I .1 I T t a I 11 00 000 5SI~ 0 50 1'11 1 (,1- (, 1?I~ 1 SS
11-- 5 - 13 11-- 3 - 3 350 000 1-(,!i 15 44 1 1 1-1'10 54
L ~ J~ I - 11: lOY ~l 11 "rd: N rJ.l!li IoID It"It b1 1 S~rT9~
1b o~ ~Il-?l t) ~DI'J."fA t;lb~~1£l
40
22. EMPLOYEE EARNINGS SUBSIDIARY LEDGER
Employee's Name TimAdams Soc. Sec. No. 379-54-9833
HomeAddress 2522 Longfellow, Chicago 60823 Phone No. ---"3",,5",,-1--,,5,,,87,-,4~_
Employed 1/16/09 Date of Termination
Date of Birth 10/1184 Occupation Accounting Clerk
Date Hours Worked
Federal
Period . Regular Overtime Gross Income Net
Ending Paid Hours Hours Pay F.I.C.A. Tax Pay
10- 0 I - 1'3 2 I e d 1'31121llI ?-?- l1-e 5120?- 50 'I I 05 12'1'3'312 15
10- I 5- 1'3 10- I 5- 1'3 eeoo I IIIfj . 1-1212I 'II I' 'I '11 '3120 5?- 11 I 4?-
10-"3 I - 1'3 I 0- ~ , - 1"3 'I (,00 e15 1-2 q 1 (,'3 11'i '31 '3 "31 '15 111 e "31
c mu a ~ e a T 2 41 1'114 1(, '31 '11 '30 51 4'1 5?- "3?-e 1 '14
1 I - I 5 - 1'3 1 I - I 5 - 1'3 II 00 1?-ee 1-21:1.,.1?- 11?- 41 '3 21ll 41 11 51-M
I I - "30- 1'3 I 1-2 'I - 1"3 eo 00 10'54 2 lJ II" 01 I 'i1'3 'II 2 {jIll04 l'i '100(,
IT U a T 4(, 0 04'1 '3 '3 (,1- (,"3 4(,0"3 '<I{jI '10M
112- IIe - 1'3 112- I "3- 1"3 eo 00 511 1elL I 1(, 11~124'3 12'3lc 4e 114 I~e5
1--; I-t t lC ~I- ~f 1[1 I ;1", Dc rh~ I~1J1~I" 0'1 I, gb (,I I' S ()"~ II~ _'1-'2-
~11. (, I ~-.:: 1'1 "
It:19" 511 2-7
Employee's Name Nancy Ford Soc. Sec. No. 367-55-4832
HomeAddress 1018Whittier, Chicago 60823 Phone No. ---"3",5",,1-~5,,,,25,,-,1~_
Employed 10/1/13 Date of Termination
Date of Birth 5/22/80 Occupation Clerk
Date Hours Worked
Period Regular Overtime
Ending Paid Hours Hours
10- o I - 1'3I~ e d
10- I 5 - 1"3 10 - 15 - 1'3 4eoo
10- "31 - 1'3 10 - '3 I - 1"3 5000
r·l m ub Iv e fr ~ a T Ia
I I- 15- 1'3 I 1-15 - 1'3 4'100
1 1- "30- 1'3 1 I -12 'I - 1"3 II> 000
r. m u a 'Iv e f. r h T a
112- I 5 - 1"3 112- 1'3 - 1'3 eo 00 1?-'3
l- 1'1,1/ I~ [h ~I" ('l, i'1~Do rsb'.l
Federal
Gross Income Net
Pay F.I.C.A. Tax Pay
-0- -0- -0- - 0-
1(,00 1(, 4?- 10?- 14 It. 5(,
e5000 1(,50'3 l04?- 11 55
114(,(, 00 111-145 1144 1';2 I 1I
ll'3'300 1(,"31'3 e 1?- 1{j 055
102000 1 0'3 11-14?-
,
1/ I 455
"351'100 121(,'I ?-I 5 "35e '31'1 14 1-1
11'31q I "31 10 4'3 1'1 112 I '115
r?i1,,1l;1.43
,
1Q InlidO I~<II~ Il:'
I1,fi'5(, t6 bl"-l ~n I" ~' 11!Plc 'Z~
~ 7'5 b@
, ~ -
41
23. FIXED ASSET SUBSIDIARY LEDGER
Item Office Furniture Depreciation Method _-"-St"r",ai""g,,htc:!-l",in,",e~__ -----,
Where Located -,=O",ffi",'c"e~ _Purchased From Chicago Office Supply
Estimated Life _5"-J'-y""ea"'r£.s _ Estimated Salvage Value $ ---"-0 _
Asset Record Depreciation Record
Asset Net
Date Debit Credit Balance Debit Credit Balance Book Value
~ept 30 01 I.;0 hit:; 000 1"'0hi.; 000 It:;o lit:; 000
Del.. 31 01 11';0Fill'; 00 It:;0 11It:;00 41t;t., 00
Dec.. 31 he 10 11..-000
,..- b.,.I.; 00 f31t;t;,.It; 00
Del.. 31 0'1 10 , it:;000 ,.1.-~hI.- 00 ,.1.-f:! h 1'-00
o«. 31 10 10 lit; 000 ~It:;It:;,.It; 00 I it; ,.a. 00
o«. 31 II 10 II'; 000 4 It:;K,11It; 00 It; 011It; 00
o«. 31 I,. 1"-0f11.-00
r.:: oh It; 0 00 -0-
Final Disposition of the Asset _
Item Del ivery Trucks
Purchased From --"'Dcry"'ck"'s,.t"'ra'cF,,0O'or"'d _
Estimated Life ~5"--X'ye",a"r"s _
De prec iation Method _-",S"tr"al'lOg"ht",-l~inL!!e~ _
Where Located Loading Dock
Estimated Salvage Value $ ---"-0 _
Asset Record Depreciation Record
Asset Net
Date Debit Credit Balance Debit Credit Balance Book Value
A,or. ,., II 1'1 'r:;It; 00 (pl'la.it;it; 00 (plqb.ir:;t; 00
Del.. 31 II (p ,.1..- 'io (p ,.It; 'io (p,. f3" qi'iO
Del.. 11 I,. 13 eit:; 100 ,.0 hLl ';0 4e ~h el.;o
1.!nr.1...1 1'1, II Id~ il In- I~II-h ~ 3iJ11/11 ft "0C
Final Disposition of the Asset ---,--
1 -r t l
42
24. Item Inventorv Handling System
Purchased From Conveyor Systems, Inc.
Depree iation Method _-'S""tr"'a"'ig"'h"'t-"'li"'n"'e_
FIXED ASSET SUBSIDIARY LEDGER
Where Located --'W-""ar"e"'h"'o"u"'s":e _
Estimated Life _"'lO"-"'-ye"'a"'rcO's------------ Estimated Salvage Value $ ---"0 _
. Asset Record Depreciation Record
Asset Net
Date Debit Credit Balance Debit Credit Balance Book Value
JUl, t; 11-1-00(,(,000 1-0 0(,(,000 1-00 (,(,000
oec. "31 11- 10 0"3"300 10 013"300 I q 0(,1-1 00
[1)1201,[ [If), l-z "6I/,;It,0(;) 11AIr. 9~'0II 1"1..;1... Ice
43
Final Disposition of the Asset _
Item High-Speed Copier
Purchased From Chicago Office Supply
Estimated Life ~5~ye~a:!.!r"'s-------------
Dep reciation Method _eo'S",tr",a..,ig",h",t-",Ii",n"Ce _
Where Located ----"O""ffi"""'ce=---- _
Estimated Salvage Value $ ---"0 _
Asset Record Depreciation Record
Asset Net
Date Debit Credit Balance Debit Credit Balance Book Value
Dec. 11- 1"3 113(,h00 1~ (,1 00 11'3(,1 00
117".r '3 I') ~!'t1,17!J 17j-z, 10 1("I' ~lrt'5C
Final Disposition of the Asset _
Depreciation Method Straight-line
Where Located ----,O-L-1A+-,'=--, "'C.("--~ _
i./-'
Estimated Salvage Value $ _0'-"- _
Asset Record Depreciation Record
Asset Net
Date Debit Credit Balance Debit Credit Balance Book Value
Dec. 1, l'i, l.4.~...-
" "'" ~""C:; 01(9(. ~"'..- li'lCC
1Jp r. 1, VL II-S "'9f. k ~~O H
-, "
Final Disposition of the Asset _
25. - -- --- ------------
G ENE RAL J0 URNAL __ N---,o-,-vt---,m-,-b---,t-,-r-c-aC'--n-c-d-c-D-c-t-,-c.t-c-m---,b-c-t-,--r_
Account Post
Date No. Explanation ./ Debit Credit
Nov. "30 401100 'Pa~ro Tar- f.r-ptnst ./ 101154"3
201100 F.I.L.A. 'Pa~abt ./ I 0 0 "355
20400 'bUTA 'Pa~abt ./ 5 00"3
20500 FUTA 'Pa~abt ./ 1452
To record r-tovember t>a~ro
Nov. "30 41000 Othtr Ooeratlnc (.r-t>tnSt ./ 2 1 00
10100 Lash ./ 2 100
To record Novtmbtr bane
service charae
117",r 1,3 ID3DD flll- 0>L. -fJ~,,-kk)aer. / rz 90D DC
I 0-
ID7.f:O ().cr". -::r; l R.,;:.mi&1j:>. ../ 1, 9 'J'~ /!It.
0
<1<> ..)'llAQ., J2Ji f9;;.oP A .
,JiUi!.. 'M ~ A(l-u 't"&IQ,)
{
rtlll(., ~I14-°(..~ '" -Ie~-rL~c,.. AlL- f 111I.,.,~Aj
-'",
~()&o ~if" ~ "'17&</l j.J/ • V II II 11'2
'104-fX; 'SWr..; l.-- 17<" -I.".{_ J ~ -19'3
I "'L/)?tlC 'fL{j ~ ,...?0?4-'K v ~",,~5
'Del'. ~I4li>CO ~n..()PC ~. " V 1-..,'70
IDlOb (I Ai iJ I-z. 170
3
26. SALESJOURNAL __~N~o~v~em~~De~r~an~d~D~e~~e~m~D~e~r_
Debit Credit
Invoice or Subsidiary Subs
Date Customer Credit Memo Account _ Post Accts. Rec. Sales Returns Sales
Number Number Ref GIL 10200 GIL 30200 GIL 30100
Nov. 1 '5tevtO&on C.olleae C.M41 411 .I I([no1400 In 01400
Nov. 1 l-o&emont Univer&it'l 1?-4 40(, .I ?-4 (,000 ?-4(,0 00
Nov. 10 e>ran~h C.olleCie 1?-5 405 .I 31~q II~ 00 31~q II~00
Nov. 14 Eastern Wi&~on&in Univ. 1?-(, 410 .I 1~4q 0500 ?-4 q0500
Monthl'f Totals 31?- (,300 In 01400 (,0 1100
I •
o«. ?- l-o&emont Univer&iN 1?-1 40(, .I 41 1400 411400
Dec, 1 C.la'fDOrn Univer&iN 1?-5 401 .I 1?- 5?- 00 11~5?- 00
De~. q £a&tern Wi&~on&in Univ. 1?-q 410 .I I~I 5 11~00 I~IIs 1?- 00
De~. 13 e>ran~h C.olleCie 130 405 .I 1(, 5(,00 III. 5(, 00
17er 9 (I .. ~ blY"Wl 11 ~j,IPJI-;L.. -1"'1/ 4-{)'1 IJ 15" '500 l~1017.1r:: O()
117e.e., 1..-~ Ic""",,,",-fVJ,o.-W,c< f!«i"'~ tL; ,,<,< CJ..£t't.- 4(0 ~~ ~oo I) »'6 o:
JJ..«su: iD'tV ~ ~ (,141~ls co v,
DC 1419191791/C)
f
II I'V
27. CASH RECEIPTS JOURNAL _--,Nc..:..::.-ov.:...:e,-,m",b.:...:e,-,r--=a:..cn:.=d=-D=-e:..:c-:..:.e-"m:..:.be__r_
DEBIT CREDIT
Accounts Receivable GIL 10200 Other GILDep
em
Init
Cash
GIL
10100
Sales Disc
GIL
30300
Sales
GIL
30100 .
Date Subs
Acct No.
Description Trans
Amount
Subs
Post Ref
Acct
No.
Trans
Amount
Post
Ref
Nov. 1 '5tevenson C.olleQe Nf 411 "34v~:2- 00
Nov. 1"3 Mc-C.lain C.olleQe Nf 11 v1 00
1241 oisoNov. 11 Il-osemont UniversiN Nf :2-4vo 00
Nov. I~ e>ranc-h C.olleQe Nf
Nov.:2-1 Eastern Wiswnsin Univ. Nf 1500000 410 1500000
Monthl'l Totals 10144 115015400 11v100
101 1,,1 1,,1
Dec, v G.ates Universit'l Nf ?~q 100 ?~q 100
Dec-. q Il-osemont Universit'l ~"3 4~ 40v 4' 14 00 .I
Dec-. 1:2- Hanc.oc-j:. C.olleQe Nf 15"30IIJ 00 151"3ov 00
Dec-. 14 C.la'jborn UniversiN 141504 401 11215 00 .I
Dec-. 14 A.twood e>rothers
O~ Up J::: iI(<,i ""~
"31:2-00 ~:2-1500 tI
IUdJ) I>cl'o~ V
1410
r? I ~.J.j.
I
1/ y
28. PURCHASESJOURNAL __~N~o~v~e~m~b~e~r~a~n2d~D~e~~~em~b~er~_
DEBIT CREDIT
Other GIL Accounts Payable GIL 20100
Vendor Purchases
Subs Subs
Purchases
Date Vendor Invoice GIL
Acct. Trans Post Acet Trans Post
Returns
No. 30500
No. Amount Ref No. Amount Ref
GIL 30600
Nov. 3 Vtloc.it~~portinl C.oods 33"311 I,13e 000 1..51.. 1..13eO 00 ./
Nov. 1..1 C.ni~aqoOfftce ~upp~ 1..1..15 40300 55e 0'1 ./ 1..53 55e 0'1 ./
Montnl't Totals I,He 000 55e 0'1 1..1'f3e 0'1 -0-
I" I.
Dt~. 5 Velo~iN~portinq C.oods 33'f{P5 3 I I 00 1..51.. 3~ 1 1500 ./
Dec.. 11.. C.ni~aQoOfftce ~uppl't 1..344 loeoo 13 100 11 1..53 13'100 ./
"7pr 'L.~I/.DI ~rf..L.....:7'':" ('..__~'2l.-1 q II l>131+ 00 V1l-- (~'tAIl' 60 Iv"
t7Pl'_ 1J--b I('J.1~. • ;'f)/:.t f) ,L /lrJU.
, I '
J+rf1.It ~5 1'5 ,,:>?~ /"5 J
•
'() If
~1"5 f. ~!?~~
ff,..,-::fl/lt1"1"t;t-rfA,r
,
OQ l I'D bb9 <j~. . ./
if Iv 1 / l/
29. NovemberCASH DISBURSEMENTS JOURNAL
------------
CREDIT DEBIT
Cash Purchases
Accounts Payable GIL 20100
Freight-In
Other GIL
Check
Date Number Description GIL Discounts Subs Trans Subs GIL Acet Trans Post
10100 GIL 30700 Acel No. Amount Post Ref 30800 No. Amount Ref
Nov. ~ 11-4 C.hic.aQo Offic.e ~ul>l>l" '1~ 5 ~o 1-53 '1~ 550 ,/
Nov. 13 11-5 Veloc.it" ~{)ortinn Gtoods 1-(, 53 240 54 1 (,0 1-51- 1-1~50 00 ,/
Nov. 15 111-(,-~ ~ee Va"roll J"ournal
Nov. 15 11-'1 Internal F-evenue ~ervic.e I'll~15 1'1 1-0'300 155 '133 ,/
1-0(,00 1*1 (,4(, ,/
Nov. 15 130 Internal F-evenue ~ervic.e 13 33 1-0500 11333 ,/
Nov. 15 1131 ~tate of Illinois I~" '1~ 1-0400 4 4 '15 ,/
Nov. 11 131- Worldwide ManaGement 4e 00 00 40100 4~0 000 ,/
Nov. 11 133 e>oard of Water fr Lillht 11 I~3 (,5 41000 I 111. 3 (,5 ,/
Nov. ,~134 Interstate Motor Freillht In5(, '1'1 1-35 (, '1'1
Nov. 15 135 Universit" Athletic. News 31250 00 401-00 3~5 o 00 ,/
Nov. 1-3 113(, C.hic.aQo Offic.e ~ul>l>l" It; 5 5 0'1 1-53 55 s 0'1 ,/
Nov. 1-'1 11'31-'1 ~ee Va'lroll J"ournal
Monthl" Totals 414 III 103 54 1 (,0 1-~ 'II' 35'1 1-35 (, '1'1 1134411 15 F-K
Cash Disbursements Journal continued on next page
•
CASH D1SBURSEMENTS JOURNAL __ D_e_c.__em"--'--be__r _
CREDIT DEBIT
Accounts Payable GIL 20100 Other GILCash
GIL
10100
Purchases
Discounts
GIL 30700
Check
Number
Freight-In
GIL
30800
Subs Trans Subs
Acel No. Amount Post Ref
Date Description Acct
No.
Trans
Amount
Post
Ref
1-511<: 00 .;251500Dec.. 1 1140 First ~ec.urit" Insurance 41000
Dec.. 11- 141 C.hic.aGo Offic.e ~uf){)I" 13(, 00
o«, 13 141- Veloc.it'l ~f)ortinG Gtoods 3(, I 15 00 ,/11-1- 30 1-51-
Dec.. 13 143
Dec.. 13 1144
Worldwide Manallement
e>oard of Water fr Lillht
4~00 00 J
1 3(,01-5 ./
40100
41000
Dec.. 13 145 Interstate Motor Freinht 11515 115 15
Dec.. 13 14(, Internal F-evenue ~ervic.e 1-0'300
1-0011(, /1-0(,00
Dec.. 13 141 Internal F-evenue ~ervic.e I4~1- 14 ~1- If1-0500
o«. 13 1145 ~tate of Illinois 5p 03 .,;5003 1-0400
Dec. 13 114'1-51 ~ee Va'lroll J"ournal
.~Iz.60
lloo~o t I 0 oc .;
I
111/ /
30. PAYROLLJOURNAL __~N~ov~e~m~b~e~r~a~n~d~D~e~~~e~~~b~e~r__
~ EARNINGS DEDUCTIONS PAYMENT
Subs
Date Employee Regular Regular Overtime Overtime Gross Pay F.I.C.A. Fed . Inc. Tax Net Pay Check Post
Hours Pay Hours Pay GIL 40500 GIL 20600 GIL 20300 GIL 10100 No. Ref
Nov. 15 l2-a~ "ramer '350 000 '350000 1-(,115 441 11 111'l0 54 111-(, ,/
::nm Adams 55 00 154 500 11-55 40511- 1-1-5~ 11- 111-41 '311541 1151-54 111-1 ,/
Nan~'1 Ford 4'1 00 5'3 '300 5'3'300 (, '3 1'3 511- 1(,055 111-5 ,/
Nov. 1-'1 l2-a~ "ramer '350 000 '350000 1-(,115 44 I 11 In'10 54 11'31 ,/
Jim Adamf> 50 00 1(,5 000 10 54 '3'31- 01 1:21c11:201 15'3'11 1:2(,504 15'100(, 11'35 ,/
Nan~'1 Ford (,0 00 101- 000 101-000 150'3 1:21 41- '11455 11'3'1 ,/
Monthl~Totale 11-'35 100 1'311'3 1'3 1 151'3 100'355 151(,01 10 5'1'1 os
Du. 1'3 l2-a~ "ramer
, '350 000 '350000 1-(,115 44 I 11 'n'10 54 114'1 ,/
Jim Adamf> 50 00 1(,5 000 511 1511(, I 5 (, 1 1(, I41- 4'3 1 '3045 145555 1150 ,/
Nan~~ Ford 50 00 1'3(, 000 I 1-'3 '3 I '31 I '3'1 1 '31 10(,4'3 (,51'1 11:21'115 1151 ,/
fDn 11, l~k~-"1- 9L CC '1 I ~ 00 9-, 1"- I1J~,gM "') r:J9 1,1111(", '.tl~- .:>, t ~I~I~1- I~b (/
J" . '-" ~ en-tA. q(., CO 117VJ geE -z/j ()lj 1[li1~7 I tltlJ(~ [IHh.11D I'1.1/1 9::J II~I~~13') Ll'5T v
11 ,,". '( . l'ltll I.-ret I~Ir~rlcx 1111 [to- l4.o 1...lk r..,~ 11lBI~ 93 l~ v
I' I .
i< ~-II,/;,~ ,r,f.I~ Ir 00 , 11: 1. .J't. [V1 I~il'/: {fiJ ( ( 1191"72 I' 0 b' t I19'1', 1'6'7J
