QUESTION 4 (25 MARKS: 45 MINUTES) < Daniaa Beauty Sdn. Bhd. is a business that sells...
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QUESTION 4 (25 MARKS: 45 MINUTES)< Daniaa Beauty Sdn. Bhd. is a business that sells skincare to customers. The business has extended its market segment to northern part of Malaysia. In addition to processing customer orders, a cash receipts process is also a vital mechanism that must be considered by Daniaa Beauty Sdn. Bhd. as follows: 4 ( The process begins when the mail room clerk receives a payment checks from a customer and reconciles the checks amount with the remittance advices. The remittance advices are then sent to the accounting department, where it is recorded into the remittance list by an accounting clerk. Then, the remittance list is sent to the cash receipt department. The accounting clerk then refers to remittance advices in the accounting department to update the customer account receivables on the system and keep the documents in the accounting department. Account receivable (AR) summary is prepared before the clerk ends daily working hours, and a hardcopy of the summary is submitted to the general ledger department (GL).< H When the cash receipts department clerk receives checks from the mail room, he or she stamps each one with the words "For Deposit Only". The clerk then reconciles the checks with the remittance list before recording the cash receipts in the cash receipts journal. Following that, a deposit slip is produced and sent to the bank with the checks. In the GL department, the clerk posts the AR summary to the general ledger AR Control and Cash account. The summary is then stored in the GL department. ← REQUIRED: Prepare the following diagrams to represent the cash receipts process at Daniaa Beauty Sdn. Bhd.: < 4 e (a) (b) (c) P A context diagram. A logical data flow diagram. A system flowchart. (4 Marks)< (6 Marks) + (15 Marks) € [ QUESTION 4 (25 MARKS: 45 MINUTES)< Daniaa Beauty Sdn. Bhd. is a business that sells skincare to customers. The business has extended its market segment to northern part of Malaysia. In addition to processing customer orders, a cash receipts process is also a vital mechanism that must be considered by Daniaa Beauty Sdn. Bhd. as follows: 4 ( The process begins when the mail room clerk receives a payment checks from a customer and reconciles the checks amount with the remittance advices. The remittance advices are then sent to the accounting department, where it is recorded into the remittance list by an accounting clerk. Then, the remittance list is sent to the cash receipt department. The accounting clerk then refers to remittance advices in the accounting department to update the customer account receivables on the system and keep the documents in the accounting department. Account receivable (AR) summary is prepared before the clerk ends daily working hours, and a hardcopy of the summary is submitted to the general ledger department (GL).< H When the cash receipts department clerk receives checks from the mail room, he or she stamps each one with the words "For Deposit Only". The clerk then reconciles the checks with the remittance list before recording the cash receipts in the cash receipts journal. Following that, a deposit slip is produced and sent to the bank with the checks. In the GL department, the clerk posts the AR summary to the general ledger AR Control and Cash account. The summary is then stored in the GL department. ← REQUIRED: Prepare the following diagrams to represent the cash receipts process at Daniaa Beauty Sdn. Bhd.: < 4 e (a) (b) (c) P A context diagram. A logical data flow diagram. A system flowchart. (4 Marks)< (6 Marks) + (15 Marks) € [
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