In this graded discussion, we will be examining the operation of the Accounting Information System (AIS) with the use of problems and exercises from your textbook. The goal is to cover all of the requirements to ensure an opportunity for your successful completion of Course Project 1. As you complete the requirements of Week 2 you should review the Course Project tab in Course Home as you could start work on Project 1. The template for Course Project 1 Parts A & B is located in Doc Sharing.
Let’s start with Exercise 2-16A. Select one of the nine financial transactions of the medical practice of Harry Samson, P.C. Develop a journal entry with date and explanation. Post it in this discussion and then conduct peer reviews of your classmates. The next requirement is to select one of the five questions (a-e) and post an answer. Do show your computations.