Ramon Ginuo collects financial evidences such as official receipts, bills, promissory notes, and many other because he is in-charged of recording and analysing all the business transactions so that he can make comprehensive and accurate financial reports. 2. Lester Matapang is a hired accounting staff of BIC S

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter1: Introduction To Accounting
Section: Chapter Questions
Problem 2SEB: ACCOUNTING PROCESS Match the following steps of the accounting process with their definitions....
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Task 3.

Steps in answering task.

A. Analyze each business scenarios

B. Identify the right branch of private accounting being illustrated in each number

C. Justify your answer by providing a shot explanation of the services of your chosen branch.

1. Ramon Ginuo collects financial evidences such as official receipts, bills, promissory notes, and many other because he is in-charged of recording and analysing all the business transactions so that he can make comprehensive and accurate financial reports.

2. Lester Matapang is a hired accounting staff of BIC Supermall. The mall has five branches within the Philippines. One of his job description is to evaluate each branch if they are complying with the collection and deposit policy of the company.

3. Domingo Galang is a veteran employee of XYZ company. He is expert when it comes to preparation of the over-all plan by evaluating the cost of services and the types of company operations earning the most profits.

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