Question

You are the accountant for a local church and are being asked the following questions by church staff and volunteers:
1. I bought office supplies and a filing cabinet at the office supply store with the church's credit card. How do I record this transaction?
2. My church borrowed money for a new sign. How do I record the complete transaction?
3. I made an error in recording a church business transaction in our church account and did not discover it until a month later. How do I correct this error?
4. I need to transfer funds from one fund to another. Is this legal? How would I record it?
Required
Respond to each question asked.


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  • CreatedJune 09, 2015
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