1. A very small business uses a synoptic journal. This business does not have independent clerks to maintain subsidiary ledgers, nor does it prepare copies of source documents for posting subsidiary ledgers. Suggest a system of posting to subsidiary ledgers for this business. 2. You are taking over as the accountant for a small company that has been using only a two column general journal. You have decided to change to a two-journal system including a synoptic journal. How would you go about selecting the headings for the columns? 3. Bob Jarvis, the accountant for Wright Brothers, sets up an accounting system to eliminate the accounts receivable and accounts payable ledgers. All invoices owing to creditors and all invoices due from customers are kept in separate file folders until paid. When invoices are paid, they are removed from the customers' and creditors' files and placed in a file for paid invoices. At the end of the month, the unpaid files are totalled and these totals agree with the balances in the control accounts in the general ledger. What advantages and disadvantages are there to such a system?