Professional Documents
Culture Documents
7-1
Chapter 7
Accounting Information
Systems
Chapter
7-2 Accounting Principles, Ninth Edition
Study Objectives
Chapter
7-3
Accounting Information Systems
Basic Concepts
of Accounting Subsidiary
Special Journals
Information Ledgers
Systems
Chapter
7-4
Basic Concepts of AIS
Chapter
7-5 SO 1 Identify the basic concepts of an accounting information system.
Basic Concepts of AIS
Illustration 7-1
Principles of an efficient Useful
and effective AIS.
Output
Chapter
7-7 SO 1 Identify the basic concepts of an accounting information system.
Basic Concepts of AIS
Audit trail
Chapter
7-8 SO 1 Identify the basic concepts of an accounting information system.
Basic Concepts of AIS
Chapter
7-9 SO 1 Identify the basic concepts of an accounting information system.
Chapter
7-10
Subsidiary Ledgers
Chapter
7-11 SO 2 Describe the nature and purpose of a subsidiary ledger.
Subsidiary Ledgers
Relationship of general ledger and subsidiary ledgers
Illustration 7-3
Chapter
7-12 SO 2 Describe the nature and purpose of a subsidiary ledger.
Subsidiary Ledgers
Chapter
7-13 SO 2 Describe the nature and purpose of a subsidiary ledger.
Chapter
7-14
Special Journals
Chapter
7-15 SO 3 Explain how companies use special journals in journalizing.
Special Journals
Review Question
Each of the following is a subsidiary ledger
except the:
a. accounts receivable ledger.
b. accounts payable ledger.
c. customer’s ledger.
d. general ledger.
Chapter
7-16
Special Journals
Sales Journal Illustration 7-6
Chapter
7-19 SO 3 Explain how companies use special journals in journalizing.
Special Journals
Chapter
7-20 SO 3 Explain how companies use special journals in journalizing.
Special Journals
Cash Receipts Journal Illustration 7-9
Chapter
7-21 SO 3 Explain how companies use special journals in journalizing.
Special Journals
Review Question
Cash sales of merchandise are recorded in the:
a. cash payments journal.
b. cash receipts journal.
c. general journal.
d. sales journal.
Chapter
7-22 SO 3 Explain how companies use special journals in journalizing.
Special Journals
Review Question
Which of the following is not one of the credit
columns in the cash receipts journal:
a. Other accounts.
b. Accounts payable.
c. Accounts receivable.
d. Sales.
Chapter
7-23 SO 3 Explain how companies use special journals in journalizing.
Special Journals Illustration 7-13
Purchases Journal
Chapter
7-24 SO 4 Indicate how companies post a multi-column journal.
Special Journals Illustration 7-13
Purchases Journal
Review Question
All of the following are advantages of using
subsidiary ledgers except they:
a. show transactions affecting one customer or
one creditor in a single account.
b. free the general ledger of excessive details.
c. eliminate errors in individual accounts.
d. make possible a division of labor.
Chapter
7-26
Special Journals
Cash Payments Journal Illustration 7-16
Review Question
Credit purchases of equipment or supplies other
than merchandise are recorded in the:
a. cash payments journal.
b. cash receipts journal.
c. general journal.
d. purchases journal.
Chapter
7-28 SO 4 Indicate how companies post a multi-column journal.
Special Journals
Review Question
Cash payments of merchandise are recorded in
the:
a. cash payments journal.
b. cash receipts journal.
c. general journal.
d. purchases journal.
Chapter
7-29 SO 4 Indicate how companies post a multi-column journal.
Special Journals
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Chapter
7-31