Why do we have day books? Why don't we just enter every transaction directly into the appropriate
Question:
Why do we have day books? Why don't we just enter every transaction directly into the appropriate ledger accounts?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
One reason why we ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Frank Woods Business Accounting Volume 1
ISBN: 9781292084664
13th Edition
Authors: Alan Sangster, Frank Wood
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Now that you have reviewed information about Hi-Fi Way, you are ready to begin the first step in the accounting cycle, recording transactions. On this page of the practice set, you are asked to...
-
Now that you have reviewed information about iCandy, you are ready to begin the first step in the accounting cycle, recording transactions. On this page of the practice set, you are asked to record...
-
Match the following ratios with the appropriate formula. Ratio or Rate Formula a. Income from operations Interest expense Acid-test Total liabilities Stockholders' equity Current b. Net income-...
-
Villa Corporation issued $3 million of 7-year, 4% bonds dated January 1, 2017, for $2,661,118. The market interest rate when the bonds were issued was 6%. Interest is payable semi-annually on January...
-
The unadjusted trial balance of Good Times, Inc., at January 31, 2010, does not balance. In addition, the trial balance needs to be adjusted before the financial statements at January 31, 2010 can be...
-
Assume the same information as in question 4. Also assume that beginning work in process had \($6,000\) in conversion cost and that \($84,000\) in conversion is added during this period. What is the...
-
Jamie Peters invested $100,000 to set up the following portfolio one year ago: a. Calculate the portfolio beta on the basis of the original cost figures. b. Calculate the percentage return of each...
-
While the Donlin Mine is on Native Corporation land, do you think there would be a difference if the state or federal government owned the land? That is, would there be a difference in whether those...
-
Where is the other side of the double entry for all these expense postings to the ledgers recorded?
-
You are to open the books of F. Polk, a trader, via the journal to record the assets and liabilities, and are then to record the dialy transactions for the month of May. A trial balance is to be...
-
A computer screen has dimensions 20 cm 30cm. Axes are set up at the centre of the screen, as illustrated in Figure 5.5. A box containing an arrow has dimensions 2 cm 2 cm and is situated with its...
-
ABC Corporation paid a dividend of S0.75 per share, and that dividend is expected to grow at a constant rate of 6.50% per year in the future. The company's cost of equity is 10%. What is the...
-
Since it was a nice day Leilani decides to go on a hiking trip. If she can average two miles per hour uphill and six miles per hour downhill. Going uphill and down, and if she spends no time at the...
-
for every letter in the alphabet list: Create a variable to store the frequency of each letter in the string and assign it an initial value of zero for every letter in the given string: if the letter...
-
Capital Structure Problem Cerberus Holdings currently has $6.5 million in debt and $9.0 million in equity. Cerberus' beta is 1.27, their weighted average cost of capital is 7.75%, and their statutory...
-
Consider a signal that takes on discrete odd integer values with a total of 8 symbols being formed. The sequence is Sk = {-7A, -5A, -3A, -A, A, 3A, 5A, 7A). Each value in the set has an equal...
-
The spherical dome of a Van de Graaff generator can be raised to a maximum potential of 600 kV; then additional charge leaks off in sparks, by producing dielectric breakdown of the surrounding dry...
-
Whats the difference between an ordinary annuity and an annuity due? What type of annuity is shown below? How would you change the time line to show the other type of annuity?
-
How many processes does the following piece of code create? Why? int main() fork(); fork(); fork(); return 0; 2. (20 points) a) Write a C/C++-program that creates a chain of 10 processes and prints...
-
12. (3 points) Consider the following class definitions: class A { public void foo() {} } class B extends A { public void bar () { } class C extends B { public void baz () {} } What reference types...
-
5. (3 points) Consider the following class definitions: class A { public void foo() { } class B extends A { public void bar () { } class C extends B { } public void baz () {} Which methods may be...
Study smarter with the SolutionInn App