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Kelas/NIM AKTB19/19812144028
Lab 6-2

6-2A

Q1 What data do you need to calculate the account balance? The auditor will need the "Number of sales
orders", payment receipts, customers, sales order IDs, sales order dates, and payment receipt dates to
be able to perform the required analysis of the employer. However, basically one needs two tables or
sheets with attributes, names, and common addresses with primary and foreign keys. The book also
suggests the basic information required including customer/vendor name, unpaid order number. order
date, and amounts

Q2 What is the formula needed to compute the balance in accounts payable?

Formula find bucket (=[Aging Date]-[order date]0, how to modify a bucket(0-30, 31-60, 61-90, >90).
Setelah itu =SUM9[bucket column])

Q3 How would you compute and group the age of each receivable? Use the previous formula in Q2
answer, by grouping into buckets for days outstanding. Essentially, one has to group the age of each
receivable bucket by doing an aging report by categorizing the invoices that are overdue.

Q4 What are the primary and foreign keys that relate the two tables in this workbook? The Main and
foreign keys to be used between the two tables are Sales_Order_ID. Because it has a unique number
composition.

Q5 if the not yet collected balances in each of the four buckets, which bucket is least likely to be
collected? Which bucket is most likely to be collected? How would this help us come up with an
allowance for doubtful accounts?

The auditor/management can assume that the bucket >90 is least likely to be collected. The most recent
(0-30 bucket group) would most likely be collected. Given the totals and relationship of percentages for
the total accounts, one can then classify and categorize the allowance for doubtful accounts. This
estimation in the analysis reflects what management would expect in calculating the percentages and
Bad Debt Expenses.
Q6 Based on what you have viewed with the September data what do you expect to find as far as
outstanding balances now that the year has finished at the end of December? Although the accounts
and payments collected will depend on the industry and fiscal season for transactions related to the
company, I expect to see the same percentage in the balance in the year-end balance. However,
spreadsheet analysis shows that the balance in a 0-30 bucket will increase with new sales orders. In
addition, depending on the management statement, one would expect that many of the balances in the
bucket >90 would be written off for the cost of bad debts.