Document No. 1 Transactions List December 16 - 31, 2017 Complete each of the following transactions in accordance with the seven-step process on pages 11-12 of the Instructions, Flowcharts, and Ledgers book (step 5). Remember the importance of the systems flowcharts on pages 18 - 24 for details as to (a) documents to prepare, (b) approvals and other internal control procedures, (c) accounting entries, and (d) filing. Also, remember from the requirements that some of the following events require the preparation or modification of systems documents and some do not. You are to perform the roles of Ray Kramer, Nancy Ford, and Jim Adams. - Hints are provided in boxed areas like this. December Yes 18 Received validated deposit receipt (Doc. No. 11) from the bank for $7,931.96 for deposit made December 14. Follow flowchart on page 21. No recording occurs at this time. Cash receipts prelist is Doc. No. 9. File Doc. No. 9 and Doc. No. 11 in the Temporary file tab Yes 18 Ordered the following inventory on account from Velocity Sporting Goods, using purchase order No. 328 (Doc. No. 16). Units Description 120 Basketball pole pad 80 Basketball bag 30 Portable inflation pump 75 Trainer's first aid kit Vendor Address: 1285 Colgrove Ave., Pierre, SD 57501 Freight carrier: Interstate Motor Freight Freight charges: Collect (i.e., paid by Waren Sports Supply) Allowances: None Follow flowchart on page 22. Use purchase order No. 325 (Doc. No. 16) as a guide. Use the price list (Doc. No. 3). No Receiving or recording occurs at this point for this transaction. Tear document apart and file, following the flowchart guidance