. 3. . ISBN: 974-13-3309-9

2

(American Institute of Certified Public Accountants, AICPA) ( )

3

4

3 (Service Firm) (Merchadising Firm) (Manufacturing Firm)

5

(Merchandising Firm)

(Retailer) (Wholesaler)

) ) ) ) ) )

6

1-2

7

9

SAP Oracle JDEdwards Peoplesoft Siebel Baan SSA Other

SAP R/3 Oracle

PeoplesoftSiebel JDEdward MFG/PRO AutoFlight Easy Acc ACCPAC Express QuickBooks Exact System Formula10

Legal Entity

(Single Proprietorship or Sole Proprietorship) (Partnership) (Corporation or Company Limited) (Cooperation) (State Enterprises) (Foreign Enterprises) (Joint Venture)

11

13

(Balance Sheet) (Income Statement) (Retained Earning Statement) (Statement of Cash Flows) (Notes to Financial Statements)

14

5

Assets Liabilities Owners Equities Revenues Expenses

15

(Assets)

(Current Assets)

Cash and Bank Account Receivable Inventory Land Plant & Equipment 16

(Non-Current Assets)

(Liability)

(Current Liability)

Bank Overdraft Account Payable Accrued Payable Unearned Revenue Loan

(Non-Current Liability)

17

(Owners Equities)

(Share Capital) (Premium on Share Capital) (Retain Earnings)

18

(Revenues)

(Direct Revenues) (Indirect Revenues) (Other Revenues)

19

(Expenses)

(Cost of Goods Sold) (Operating Expenses)

(Selling Expenses) (Administrative Expenses)

20

21

22

23

3-2

24

(Transactions)

25

26

(Chart of Accounts)

27

28

()Assets () Cash & Cash at Bank () Trade Receivable () Office Supplies () Land () Building/Plant () Accumulated Depreciation-Plant (-) Office Equipment ( ) Accumulated Depreciation-Office Equipment ( - )

29

()Liabilities () Trade Payable () Other Payable () Accrued Payroll () Accrued Utilities ( ) Loan Payable ()

30

()Owner Equities () Common Stock () Retained earnings () Income Summary ()

31

()Revenues () Revenue from Travel () Interest Income ()

32

()Expenses () Payroll Expenses () Utilities Expenses ( ) Supplies Expenses() Depreciation-Plant (-) Depreciation-Office Equipment (- ) Rent Expenses () Other Expenses () Interest Expenses ()

33

(General Ledger)

34

35

(Journal)

(Special Journal)

(Purchases Journal) AP (Cash Disbursements Journals) AP (Sales Journal) AR (Cash Receipts Journal) AR-

(General Journal) GL

36

37

38

(Posting)

39

40

41

42

(Adjustment)

VS.

43

(Accrued Expenses) (Accrued Revenues) (Prepaid Expenses) (Unearned Revenue) (Depreciation) (Bad Debts) (Supplies Used)

44

Accounting Period

45

/ -

46

VS.

47

48

(GL Closing) (Income Offset) > = < = 49

3-6

50

/ = + 1 / () = - = + + = / () + / ()

51

52

+ + / ()

53

(Accounting Cycle)

Journal Entry Post to GL Trial Balance Report Journal Adjustment GL Closing Period FSGReport

54

Inventory Sales Revenue Cost of Good Sold Gross Profit Operation Expenses Purchase Requisition Purchase Order Invoice Delivery Order Receipt

Credit Term Cash Discount Trade Discount Credit Note Debit Note Purchase Discount Sales Discount Transportation-In Transportation-Out

55