e-Revolution is a manual accounting practice set. This practice set provides experience in manually recording and posting a variety of business transactions common to small businesses, so that students gain an understanding of the flow of data in an accounting system.
Many of these processes are out-of-sight in a computerised accounting system.
The practice set uses a variety of source documents to show a range of typical business events, and will show students how to extract information from source documents and then record tranasctions.
CHAPTER 1 Introduction
Business background: e-Revolution
CHAPTER 2 Source Documents - April 2012
Cash Payments Journal
Cash Receipts Journal
Inventory Subsidiary Ledger
Accounts Receivable Ledger
Accounts Payable Ledger
General Ledger - T Format
General Ledger - Running Balance Format
Schedules of Subsidiary Ledgers
Bank Reconciliation Statement
Post-Closing Trial Balance
APPENDIX 1 An introduction to the GST and PAYG
APPENDIX 2 Glossary of source documents