the data flows shown in the general ledger/business reporting (GL/BR) system\'s

Question

the data flows shown in the general ledger/business reporting (GL/BR) system's context diagram as coming from various AIS feeder systems are as follows:

Feeder System Name of Data Flow

   B/AR/CR                           1. GL invoicing update

      "                                        2. GL estimated bad debts update

      "                                        3. GL write-off update

      "                                        4. GL sales return update

      "                                        5. GL cash receipts update

   P/AP/CD                            6. GL payable update

      "                                        7. GL cash disbursements update

Inventory                            8. GL inventory received update

      "                                        9. GL inventory sale update

      "                                        10. GL sales return update

   Payroll                                11. GL disbursement voucher update

      "                                        12. GL labor distribution update (assume a factory payroll)

      "                                        13. GL employer tax accrual update

      "                                        14. GL tax deposit update

Required:

For each of the data flows 1 through 14, show the journal entry in debit/credit format (no dollar amounts) that would result. Cross-reference your entries to the data flows by showing the appropriate number from the above list. In any instance where only "half" of an entry is represented by a data flow, show the other half in the same entry and list both data flow numbers.

Example:

1. Dr       Accounts receivable                                            xxxx

Cr            Sales                                                                       xxxx

Explanation / Answer

Journal Entries Name of Data Flow Particulars Amount $ Amount $ 1. GL invoicing update DR Accounts Receivable A/c Dr. XXXX CR To Sales A/c XXXX 2. GL estimated bad debts update DR Bad Debts A/c Dr XXXX CR To Provision for Bad debts A/c XXXX 3. GL write-off update DR Provision for Bad debts A/c Dr XXXX CR To Accounmts Receivable A/c XXXX 4. GL sales return update DR Sales A/c Dr XXXX CR To Accounts Receivable A/c XXXX 5. GL cash receipts update DR Cash A/c Dr XXXX CR To Accounts Receivable A/c XXXX 6. GL payable update DR Expenses/ Purchases A/c Dr XXXX CR To Accounts Payables A/c XXXX 7. GL cash disbursements update DR Accounts Payables A/c Dr XXXX CR To Cash A/c XXXX 8. GL inventory received update DR Inventory A/c Dr XXXX CR To Accounts Payables A/c XXXX 9. GL inventory sale update DR Accounts Receivable A/c Dr. XXXX CR To Inventory A/c A/c XXXX 10. GL sales return update DR Inventory A/c Dr XXXX CR To Accounmts Recevable A/c XXXX 11. GL disbursement voucher update DR Salaries Payable   A/c Dr XXXX CR To Cash A/c XXXX 12. GL labor distribution update (assume a factory payroll DR Salaries & Wages A/c Dr XXXX CR To Salaries Payable A/c XXXX 13. GL employer tax accrual update DR Tax Expenses A/c Dr XXXX CR To Tax Payable A/c XXXX 14. GL tax deposit update DR Tax Payable A/c Dr XXXX CR To Cash/Bank A/c XXXX

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