Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Simmons, Hardy
Simmons, Hardy
Exercise 3.1
a
Analysing Chart
Date
Accounts affected
Classification
(A/L/Oe/R/E)
Increase/
Decrease
Debit
$
Credit
$
General Ledger
Bank (A)
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Capital (Oe)
Date
Simmons, Hardy
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Date
Advertising (E)
Date
Cross-reference
Amount
$
Date
Computer (A)
Date
Cross-reference
Amount
$
Date
c
Accounting principle
Explanation
Simmons, Hardy
Exercise 3.2
a
Analysing Chart
Date
Accounts affected
Classification
(A/L/Oe/R/E)
Increase/
Decrease
Debit
Credit
General Ledger
Bank (A)
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Capital (Oe)
Date
Simmons, Hardy
Cross-reference
Amount
$
Date
Premises (A)
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Mortgage (L)
Date
Cross-reference
Amount
$
Date
Cross-reference
Date
Cross-reference
Amount
$
Date
Date
Wages (E)
Date
Cross-reference
Amount
$
Date
Drawings (Oe)
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Date
c
Explanation
Simmons, Hardy
Exercise 3.3
a
Explanation
Analysing Chart
Date
Simmons, Hardy
Accounts affected
Classification
(A/L/Oe/R/E)
Increase/
Decrease
Debit
$
Credit
$
General Ledger
Bank (A)
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Vehicle (A)
Date
Cross-reference
Amount
$
Date
Capital (Oe)
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Date
Simmons, Hardy
Cross-reference
Amount
$
Date
Sales (R)
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Date
Wages (E)
Date
Cross-reference
Amount
$
Date
d
Amount
$
Increase/Decrease/No effect
Assets
Liabilities
Owners
Equity
e
Calculation
Gross Profit $
Simmons, Hardy
Exercise 3.4
a
Analysing Chart
Date
Simmons, Hardy
Accounts affected
Classification
(A/L/Oe/R/E)
10
Increase/
Decrease
Debit
$
Credit
$
General Ledger
Bank (A)
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Date
Capital (Oe)
Date
Cross-reference
Amount
$
Date
Premises (A)
Date
Cross-reference
Amount
$
Date
Simmons, Hardy
Cross-reference
Amount
$
11
Date
Sales (R)
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Date
Shelving (A)
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Date
Wages (E)
Date
Simmons, Hardy
Cross-reference
Amount
$
12
Date
Drawings (Oe)
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
MONARO MOTORS
Total
Debit
$
Credit
$
$183 900
$183 900
d
Error
e
Explanation
Simmons, Hardy
13
f
Overstated/Understated/No effect
Amount
$
Assets
Liabilities
Owners
Equity
Exercise 3.5
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Simmons, Hardy
Cross-reference
Amount
$
14
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Shelving (A)
Date
Cross-reference
Amount
$
Date
Capital (Oe)
Date
Cross-reference
Amount
$
Date
Computer (A)
Date
Cross-reference
Amount
$
Date
Sales (R)
Date
Simmons, Hardy
Cross-reference
Amount
$
15
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Wages (E)
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Date
Repairs (E)
Date
Cross-reference
Amount
$
Date
c
Accounting principle
Explanation
d
Purpose
Simmons, Hardy
16
HOT DOGGIES
Debit
$
Total
Exercise 3.6
$37 470
Credit
$
$37 470
Simmons, Hardy
Cross-reference
Amount
$
17
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Date
Premises (A)
Date
Cross-reference
Amount
$
Date
Simmons, Hardy
Cross-reference
Amount
$
18
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Capital (Oe)
Date
Cross-reference
Amount
$
Date
Sales (R)
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Date
Simmons, Hardy
Cross-reference
Amount
$
19
Date
Advertising (E)
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Wages (E)
Date
Cross-reference
Amount
$
Date
c
Explanation
BRIGHT CAMPING
Total
Simmons, Hardy
20
Debit
$
Credit
$
$245 130
$245 130
e
Error 1
Error 2
Exercise 3.7
Identifying transactions
a
Date
Transaction
Dec. 1
2
3
4
5
6
7
8
b
Calculation
Mark-up
Simmons, Hardy
21
PERFECT PHOTOGRAPHS
Debit
$
Total
$14 000
Credit
$
$14 000
d
Statement
and
justification
e
Amount
$
Overstated/Understated/No effect
Assets
Liabilities
Owners
Equity
f
Account
Simmons, Hardy
Debit
$
22
Credit
$
Exercise 3.8
Transactions to reports
a
Calculation
Owners Equity $
b/c General Ledger
Bank (A)
Date
Simmons, Hardy
Cross-reference
Amount
$
23
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Date
Premises (A)
Date
Simmons, Hardy
Cross-reference
Amount
$
24
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Date
Capital (Oe)
Date
Cross-reference
Amount
$
Date
Sales (R)
Date
Cross-reference
Amount
$
Date
Simmons, Hardy
Cross-reference
Amount
$
25
Date
Electricity (E)
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Cross-reference
Amount
$
Wages (E)
Date
Cross-reference
Amount
$
Date
Cross-reference
Amount
$
Date
Drawings (Oe)
Date
Cross-reference
Amount
$
Date
Simmons, Hardy
Cross-reference
Amount
$
26
Date
TURNING POINTS
Total
Debit
$
Credit
$
$272 380
$272 380
e
Overstated/Understated/No effect
Amount
$
Assets
Liabilities
Owners
Equity
Simmons, Hardy
27
f
Accounting principle
Explanation
TURNING POINTS
Revenue
less Cost of Goods Sold
Gross Profit
6 890
Net Profit
Simmons, Hardy
28
5 240
TURNING POINTS
Current Liabilities
Non-Current Liabilities
Non-Current Assets
Owners Equity
+
Total Assets
263 240
i
Qualitative
characteristic
Explanation
Simmons, Hardy
29