Chapter 7

Chapter 7

ACCOUNTING INFORMATION SYSTEMS

PowerPoint Authors: Susan Coomer Galbreath, Ph.D., CPA Charles W. Caldwell, D.B.A., CMA Jon A. Booker, Ph.D., CPA, CIA Cynthia J. Rooney, Ph.D., CPA

McGraw-Hill/Irwin

Copyright ? 2011 by The McGraw-Hill Companies, Inc. All rights reserved.

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COMPONENTS OF ACCOUNTING SYSTEMS

Increasingly, source documents are electronic files creating a "paperless"

system.

?Keyboards ?Scanners ?Modems ?Bar-Code Reader

?Hardware ?Software ?Professional Judgment

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COMPONENTS OF ACCOUNTING SYSTEMS

?Printer ?Monitor ?Projectors ?Web communications

?CD/DVD ?Hard Drive ?Tape ?Paper Document

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SPECIAL JOURNALS IN ACCOUNTING

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SUBSIDIARY LEDGERS

Characteristic

Amounts due from customers Amounts owed

to creditors

Controlling Account

Accounts Receivable

Accounts Payable

Subsidiary Ledger

Accounts Receivable Ledger

Accounts Payable Ledger

Subsidiary ledgers are a listing of individual accounts with common characteristics.

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