You are an accountant in a medium-sized manufacturing company. You have been asked to mentor an accounting clerk who is new to your accounting department.
- Explain why adjusting entries are necessary.
- Describe the 4 types of adjusting entries, and provide a manufacturing industry example of each.
- Describe how these entries would be recorded in a computerized accounting system.
- Describe 1 ethical issue that could result from the preparation of these manufacturing entries.
Please submit your assignment.
For assistance with your assignment, please use your text, Web resources, and all course materials.
Unit Materials
(More)
Reading Assignment:
Accounting I & II, chapters 3 & 4
Due Date:
8/4/2013 11:59:59 PM (2 Days)
Total Pts:
100
Points Earned:
n/a
Category:
Instructions:
Instructor
Comments:
Deliverable Length:
3-4 pages
Assignment Type:
Individual Project