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ACC 225 WEEK 7 COMPLETE WORK

ACC 225 WEEK 7 COMPLETE WORK

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ACC 225 WEEK 7 COMPLETE WORK

Week 7:

CheckPoint: Accounting Information Systems and Special Journals

Resource: Fundamental Accounting Principles, pp. 289, 290, and 291· Due Date: Day 5 [Individual] forum·

Complete Quick Study questions QS 7-1 and QS 7-3 on p. 289, and Exercises 7-1, 7-4,7-7, and 7-10 on pp. 290-291.· Post your answers as an attachment.

Discussion Question 1

Due Date: Day 2 [Main] forum

Post your response to the following: Megagrocer is a grocery chain that operates fivestores. The stores are supplied with produce, meat, dairy, and dry goods by six separatevendors. In addition to the stores, Megagrocer maintains an ecommerce site throughwhich customers can order and pay for groceries. The groceries are packed anddelivered to customers from one of the five stores in a Megagrocer van by that store’spersonnel. Think about the accounting information systems that Megagrocer might use.o What types of source documents might be collected by Megagrocer to be processedby its accounting information systems?o Why are those documents important?

Discussion Question 2

Due Date: Day 4 [Main] forum· Post your response to the following: Choose a popular merchandise or service company.How might the company use accounting information systems? In what ways do thesesystems benefit the company? In what ways might the systems be challenging for thecompany?

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