Selected transactions from the journal of Giambi Inc. during its first month of operations are presented here. 
Instructions
(a) Post the transactions to T-accounts.
(b) Prepare a trial balance at August 31, 2014.
Definitions:
Exterorganizational
Exterorganizational pertains to interactions, relationships, or dynamics that occur outside of or between organizations, rather than within a single organization.
Extraorganizational
Pertaining to activities or influences that are outside the scope or boundaries of a single organization.
ERP
Stands for Enterprise Resource Planning, a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, and manufacturing.
MRP
Material Requirements Planning, a computer-based inventory management system designed to assist production planning and inventory control.
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