Question: a. For each data flow in Figure 16.4, show the journal entry (in debit/credit journal entry format, with no dollar amounts) that would result (make

 a. For each data flow in Figure 16.4, show the journal
entry (in debit/credit journal entry format, with no dollar amounts) that would

a. For each data flow in Figure 16.4, show the journal entry (in debit/credit journal entry format, with no dollar amounts) that would result (make and state any assumptions that you think are necessary). B/AR/CR Process GL Involce update - GL estimated bad debts update OE/S ProGOSS procesGOS GL write-off update GL sales retum update GL cash receipts update Inventory nales update GL standard costs applied GL variances (AM, DL, and MOH) updates GL Cost of goods completed update Purchasing Treasurer GL inventory received update GAAP.based financial statements AP/CD process GL payable update GL cash disbursements update General Ledger Business Reporting Process =) Controller GL disbursement Payroll Various GL labor distribution update GL employer tax Recrual update DOTO) deposit update Financing Investing transactions update Budget and actual trial HH Budgeting depart ment Treasurer Adjusting entry Finalized budget Managerial Controller Budgeting department a. For each data flow in Figure 16.4, show the journal entry (in debit/credit journal entry format, with no dollar amounts) that would result (make and state any assumptions that you think are necessary). B/AR/CR Process GL Involce update - GL estimated bad debts update OE/S ProGOSS procesGOS GL write-off update GL sales retum update GL cash receipts update Inventory nales update GL standard costs applied GL variances (AM, DL, and MOH) updates GL Cost of goods completed update Purchasing Treasurer GL inventory received update GAAP.based financial statements AP/CD process GL payable update GL cash disbursements update General Ledger Business Reporting Process =) Controller GL disbursement Payroll Various GL labor distribution update GL employer tax Recrual update DOTO) deposit update Financing Investing transactions update Budget and actual trial HH Budgeting depart ment Treasurer Adjusting entry Finalized budget Managerial Controller Budgeting department

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