Fitness Factory Accounting Technology Assignment - Semester 1

This document presents a detailed solution for the Fitness Factory accounting assignment, encompassing various accounting processes and technologies. It begins with a chart of accounts, followed by general journal entries, sales journal, purchases journal, cash payments journal, cash receipts journal, and petty cash journal entries. The solution also includes subsidiary ledgers for inventory and accounts receivable, providing a comprehensive overview of the company's financial transactions. The assignment covers a range of accounting tasks, including recording transactions from source documents, preparing reversing journal entries, and maintaining accurate financial records. The solution demonstrates the application of accounting principles to a real-world business scenario, providing a valuable resource for students studying accounting technology and processes.