AUTHORS: Ross/Gilbertson/Lehman/Hanson - ©2000
Used after chapter 9 of C21 Accounting General Journal Approach, this simulation covers the transactions completed by Foreign Exchange a proprietorship company. The business begins on September 1 of the current year. Owned by Stuart Reed, Foreign Exchange specializes in translating items such as web pages, books, speeches and reports into other languages. Foreign Exchange allows its two largest customers to buy services on account. All other customers must pay when services are rendered. You will need Automated Accounting 6.0, or higher, program software and The Textbook and Simulation Template to complete this simulation. The instructions in this booklet assume that you have already become familiar with the Automated Accounting software. Using your computer, you will process the data, following the step-by-step instructions that lead you through the procedures required to compete this simulation.