Table of Contents

CHAPTER 1 Introduction 1 Business background: e-Generation 1 Accounting policies 1 Accounting records 2 Accounting procedures 3 Account balances 4 Instructions 6 Conclusion 6 CHAPTER 2 Source Documents ? December 2014 7 Journals 21 General Journal 22 Sales Journal 25 Purchases Journal 26 Cash Payments Journal 27 Cash Receipts Journal 28 Petty Cash Journal 29 Subsidiary Ledgers 31 Inventory Subsidiary Ledger 32 Accounts Receivable Ledger 38 Accounts Payable Ledger 40 General Ledger ? T Format 43 General Ledger ? Running Balance Format 59 Reports 75 Schedules of Subsidiary Ledgers 76 Bank Reconciliation Statement 77 Worksheet 78 Income Statement 80 Balance Sheet 81 Post-Closing Trial Balance 83 APPENDIX 1 An introduction to the GST and PAYG 86 APPENDIX 2 Glossary of source documents 91