Instructor’s Solutions Manual
for Manual Module
DR
EAM
Comprehensive Assurance
& Systems Tool: An
SH
Integrated Practice Set
UB
Fourth Edition
_S
Laura R. Ingraham
J. Gregory Jenkins
? ?
DREAMSHUB - STUVIA
,This work is protected by United States copyright laws and is provided
solely for the use of instructors in teaching their courses and assessing
student learning. Dissemination or sale of any part of this work (including
on the World Wide Web) will destroy the integrity of the work and is not
permitted. The work and materials from it should never be made available
to students except by instructors using the accompanying text in their
classes. All recipients of this work are expected to abide by these
restrictions and to honor the intended pedagogical purposes and the needs
of other instructors who rely on these materials.
DR
Director of Portfolio Management: Adrienne D’Ambrosio
Senior Sponsoring Editor: Neeraj Bhalla
Editorial Assistant: Elisa Marks
E
Content Producer: Sugandh Juneja
AM
Copyright © 2019, 2014, 2010 by Pearson Education, Inc. or its affiliates. All Rights Reserved.
Manufactured in the United States of America. This publication is protected by copyright, and
permission should be obtained from the publisher prior to any prohibited reproduction, storage in
a retrieval system, or transmission in any form or by any means, electronic, mechanical,
photocopying, recording, or otherwise. For information regarding permissions, request forms, and
the appropriate contacts within the Pearson Education Global Rights and Permissions department,
SH
please visit www.pearsoned.com/permissions/.
PEARSON and ALWAYS LEARNING are exclusive trademarks owned by Pearson Education,
Inc. or its affiliates in the U.S. and/or other countries.
UB
Unless otherwise indicated herein, any third-party trademarks, logos, or icons that may appear in
this work are the property of their respective owners, and any references to third-party
trademarks, logos, icons, or other trade dress are for demonstrative or descriptive purposes only.
Such references are not intended to imply any sponsorship, endorsement, authorization, or
promotion of Pearson’s products by the owners of such marks, or any relationship between the
_S
owner and Pearson Education, Inc., or its affiliates, authors, licensees, or distributors.
? ?
DREAMSHUB - STUVIA
, INSTRUCTIONAL NOTES
AND SOLUTIONS GUIDE
THE MANUAL ACCOUNTING
INFORMATION SYSTEM:
The Winery at Chateau Americana
DR
INSTRUCTIONAL OBJECTIVES
By the end of this Module, students will be able to:
Prepare common business documents, accounting transactions and month-end and
E
year-end transactions, including journal entries, journals, and ledgers in order to
understand how the accounting cycle operates and to create the financial
AM
statements.
Identify and interpret common control activities designed to capture, summarize,
and report business activities.
Explain the objectives of maintaining an audit trail.
Identify deficiencies in the design of common business documents.
Explain the importance of account reconciliations.
SH
CLASSROOM USE
The CAST Manual AIS Module is designed to be used as an instructional aid in an
introductory financial accounting course, an intermediate accounting course, an
UB
accounting information systems course, or an auditing course. It is our suggestion,
that if used in an introductory financial accounting course, it is used towards the end
of the course, after the students have learned the basics of transaction processing.
In whatever course it is utilized, however, the Manual AIS Module can help students
_S
understand how the accounting process actually takes place by giving them the
opportunity to work with authenticate source documents and then to work through
the entire accounting cycle.
The Manual AIS Module has been designed to be an independent, stand-alone
?
assignment. You might find it facilitates a fast start for your students if you spend
some time in the classroom introducing the assignment, going over the booklet and
?
what it contains, and going through a timetable to keep them on track. Depending
upon what course this Module is being used in and when in the semester it has been
assigned, you might also find that it facilitates the process by going over some of the
more complex transactions.
What’s New?
The fourth edition contains three new transaction sets to allow the instructor to rotate
through them from semester to semester and to provide some variety between the
DREAMSHUB - STUVIA
, Ingraham & Jenkins
transactions provided. When working the bank reconciliation, students have been
instructed to obtain the bank balance from the instructor as each transaction set
requires a different amount. These amounts have been provided for you in this
Solution Manual under the bank reconciliation requirement in the Month-End
Procedures of each transaction set.
The notation for the current year is denoted as XX to avoid confusion for the
students. Prior year is notated as XW and the subsequent year is denoted as XY.
DR
E AM
SH
UB
_S
? ?
DREAMSHUB - STUVIA
for Manual Module
DR
EAM
Comprehensive Assurance
& Systems Tool: An
SH
Integrated Practice Set
UB
Fourth Edition
_S
Laura R. Ingraham
J. Gregory Jenkins
? ?
DREAMSHUB - STUVIA
,This work is protected by United States copyright laws and is provided
solely for the use of instructors in teaching their courses and assessing
student learning. Dissemination or sale of any part of this work (including
on the World Wide Web) will destroy the integrity of the work and is not
permitted. The work and materials from it should never be made available
to students except by instructors using the accompanying text in their
classes. All recipients of this work are expected to abide by these
restrictions and to honor the intended pedagogical purposes and the needs
of other instructors who rely on these materials.
DR
Director of Portfolio Management: Adrienne D’Ambrosio
Senior Sponsoring Editor: Neeraj Bhalla
Editorial Assistant: Elisa Marks
E
Content Producer: Sugandh Juneja
AM
Copyright © 2019, 2014, 2010 by Pearson Education, Inc. or its affiliates. All Rights Reserved.
Manufactured in the United States of America. This publication is protected by copyright, and
permission should be obtained from the publisher prior to any prohibited reproduction, storage in
a retrieval system, or transmission in any form or by any means, electronic, mechanical,
photocopying, recording, or otherwise. For information regarding permissions, request forms, and
the appropriate contacts within the Pearson Education Global Rights and Permissions department,
SH
please visit www.pearsoned.com/permissions/.
PEARSON and ALWAYS LEARNING are exclusive trademarks owned by Pearson Education,
Inc. or its affiliates in the U.S. and/or other countries.
UB
Unless otherwise indicated herein, any third-party trademarks, logos, or icons that may appear in
this work are the property of their respective owners, and any references to third-party
trademarks, logos, icons, or other trade dress are for demonstrative or descriptive purposes only.
Such references are not intended to imply any sponsorship, endorsement, authorization, or
promotion of Pearson’s products by the owners of such marks, or any relationship between the
_S
owner and Pearson Education, Inc., or its affiliates, authors, licensees, or distributors.
? ?
DREAMSHUB - STUVIA
, INSTRUCTIONAL NOTES
AND SOLUTIONS GUIDE
THE MANUAL ACCOUNTING
INFORMATION SYSTEM:
The Winery at Chateau Americana
DR
INSTRUCTIONAL OBJECTIVES
By the end of this Module, students will be able to:
Prepare common business documents, accounting transactions and month-end and
E
year-end transactions, including journal entries, journals, and ledgers in order to
understand how the accounting cycle operates and to create the financial
AM
statements.
Identify and interpret common control activities designed to capture, summarize,
and report business activities.
Explain the objectives of maintaining an audit trail.
Identify deficiencies in the design of common business documents.
Explain the importance of account reconciliations.
SH
CLASSROOM USE
The CAST Manual AIS Module is designed to be used as an instructional aid in an
introductory financial accounting course, an intermediate accounting course, an
UB
accounting information systems course, or an auditing course. It is our suggestion,
that if used in an introductory financial accounting course, it is used towards the end
of the course, after the students have learned the basics of transaction processing.
In whatever course it is utilized, however, the Manual AIS Module can help students
_S
understand how the accounting process actually takes place by giving them the
opportunity to work with authenticate source documents and then to work through
the entire accounting cycle.
The Manual AIS Module has been designed to be an independent, stand-alone
?
assignment. You might find it facilitates a fast start for your students if you spend
some time in the classroom introducing the assignment, going over the booklet and
?
what it contains, and going through a timetable to keep them on track. Depending
upon what course this Module is being used in and when in the semester it has been
assigned, you might also find that it facilitates the process by going over some of the
more complex transactions.
What’s New?
The fourth edition contains three new transaction sets to allow the instructor to rotate
through them from semester to semester and to provide some variety between the
DREAMSHUB - STUVIA
, Ingraham & Jenkins
transactions provided. When working the bank reconciliation, students have been
instructed to obtain the bank balance from the instructor as each transaction set
requires a different amount. These amounts have been provided for you in this
Solution Manual under the bank reconciliation requirement in the Month-End
Procedures of each transaction set.
The notation for the current year is denoted as XX to avoid confusion for the
students. Prior year is notated as XW and the subsequent year is denoted as XY.
DR
E AM
SH
UB
_S
? ?
DREAMSHUB - STUVIA
