NIELIT A Level Data Structure through C++ Assignment

Assignment 16

In Accounts Receivable systems printing of the monthly account statement is the main

feature. Because of the frequency of accounts receivable invoices, customers generally

expect certain information to be included on the statement. Name, address and account

number details are essential as are the previous and current account balances.

A common form lists the date, type, and amount of each transaction in the main part of the

invoice. Depending on the particular account, there may be none, one, or many

transactions. (Statements are always sent to customers who have a balance outstanding,

even if there are no transactions for the current month).Some systems also charge interest on the previous month’s unpaid balance. Interest

charged for the current month is listed separately in a special place on the statement form.

At the end of the calendar year, a separate line is often added to inform the customer of the amount of interest paid during the year because Customers want to see this information as a means of knowing how much they paid in interest, and this is also required for reporting their taxes to the Internal Revenue department. To capture a customer’s attention,merchants often include a special message on the bottom of the statement form. The message may be up to , 120 characters and can be used to promote special sales, provide consumer service telephone numbers, etc. Its use is, however, optional.

a. Develop the data structure(s) needed to accommodate accounts receivable statement

preparation as described above.

b. Indicate which data items are mandatory and which are optional.

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