You have a part-time job as a bookkeeper at a local office supply store. The accounting records consist of a general journal and general ledger. The manager is concerned about efficiency and feels that too much time is spent recording transactions. In addition, there sometimes is difficulty determining the amount owed to specific suppliers. The manager knows you are an accounting student and asks for your suggestions to improve the accounting function. Write a memo to the manager describing how to increase efficiency and accuracy by using different accounting records.
College Accounting, Chapters 1-27 ...
College Accounting, Chapters 1-27 ...
Solutions
You have a part-time job as a bookkeeper at a local office supply store. The accounting records consist of a general journal and general ledger. The manager is concerned about efficiency and feels that too much time is spent recording transactions. In addition, there sometimes is difficulty determining the amount owed to specific suppliers. The manager knows you are an accounting student and asks for your suggestions to improve the accounting function.
Write a memo to the manager describing how to increase efficiency and accuracy by using different accounting records.
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