{"taskDescription":"

Read the scenario below.<\/p>\n\n

<\/p>\n\n

On 12\/06\/2020 Joe Reader from Smart Books purchased a new printer for the account\u2019s office costing $4,100.00. Joe paid cash for the printer, and it was recorded as an asset in Smart Books accounts.<\/p>\n\n

In July Peter Pages the Store Manager, asked for approval to purchase a printer for the bookshop. Joe suggested the bookshop may not need the scanning function and a cheaper alternative may be sufficient. He also informed Peter the equipment budget for the book shop for the 21FY was 90% of the 20FY equipment spend.<\/p>\n\n

<\/p>\n\n

Order the following accounting transaction process flow.<\/p>\n","overallFeedback":[{"from":0,"to":100}],"checkAnswer":"Check","tryAgain":"Retry","showSolution":"Show solution","dropZoneIndex":"Drop Zone @index.","empty":"Drop Zone @index is empty.","contains":"Drop Zone @index contains draggable @draggable.","ariaDraggableIndex":"@index of @count draggables.","tipLabel":"Show tip","correctText":"Correct!","incorrectText":"Incorrect!","resetDropTitle":"Reset drop","resetDropDescription":"Are you sure you want to reset this drop zone?","grabbed":"Draggable is grabbed.","cancelledDragging":"Cancelled dragging.","correctAnswer":"Correct answer:","feedbackHeader":"Feedback","behaviour":{"enableRetry":true,"enableSolutionsButton":true,"enableCheckButton":true,"instantFeedback":true},"scoreBarLabel":"You got :num out of :total points","textField":"*Analyse* Joe Reader from Smart Books purchased a new printer for the account\u2019s office. The cost of the printer was invoiced at $4,100.\n\n*Record* The transaction was entered in Smart Books Cash Payments Journal. \n\n*Classify* The Transaction was posted to the Office Equipment and Cash at Bank account in the General Ledger. \n\n*Summarise* At the end 30\/06\/2020 a Trial Balance, Profit & Loss Report and Balance Sheet were generated.\n\n*Reporting* In July the financial statements were distributed to all stakeholders including the Store Manager who used the information to assess what funds were available to allocate to a new printer.\n\n*Interpret* The Store Manager concludes that the printer purchased for the account\u2019s office had features the bookshop did not need and asks for approval to purchase a cheaper alternative."}

module_6_learning_checkpoint_2