Question: Barb Doane, a classmate, has a part-time bookkeeping job. She is concerned about the inefficiencies in journalizing and posting transactions. Jim Houser is the owner

Barb Doane, a classmate, has a part-time bookkeeping job. She is concerned about the inefficiencies in journalizing and posting transactions. Jim Houser is the owner of the company where Barb works. In response to numerous complaints from Barb and others, Jim hired two additional bookkeepers a month ago. However, the inefficiencies have continued at an even higher rate. The accounting information system for the company has only a general journal and a general ledger. Jim refuses to install an electronic accounting system. Instructions
Now that Barb is an expert in manual accounting information systems, she decides to send a letter to Jim Houser explaining (1) why the additional personnel did not help and (2) what changes should be made to improve the efficiency of the accounting department. Write the letter that you think Barb should send.

Step by Step Solution

★★★★★

3.18 Rating (181 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Mr Jim Houser 2 Main Street Central City Michigan 48172 Dear Mr Houser Thank you for hiring two addi... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

47-B-A-I-S (55).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

The following errors took place in journalizing and posting transactions: a. Cash of $3,750 received on account was recorded as a debit to Fees Earned and a credit to Cash. b. A $1,500 purchase of...

The following errors took place in journalizing and posting transactions: a. Rent of $12,500 paid for the current month was recorded as a debit to Rent Expense and a credit to Prepaid Rent. b....

The following errors took place in journalizing and posting transactions: (a) Advertising expense of $2,700 paid for the current month was recorded as a debit to Miscellaneous Expense and a credit to...

Kiera OMalley, a classmate, has a part-time bookkeeping job. She is concerned about the inefficiencies in journalizing and posting transactions. Colm Joyce is the owner of the company where Kiera...

Joan Dorosz, a classmate, has a part-time bookkeeping job. She is concerned about the inefficiencies in journalizing and posting transactions. Scott Hogle is the owner of the company where Joan...

Jill Locey, a classmate, has a part-time bookkeeping job. She is concerned about the inefficiencies in journalizing and posting transactions. Ben Newell is the owner of the company where Jill works....

Instructions With the class divided into groups, answer the following. Identify the special journals that Ermler & Trump should have in its manual accounting system, List the column headings...

Kimberly Mazuba, your classmate who is an expert in both manual and a computerized accounting system, has a part-time accounting job at Trade Kings. She is concerned about the inefficiencies in...

Instructions to Candidate > Use Times New Roman, font 12 and spacing of 1.5 > Length of the assignment should be Five pages including cover page and the reference page The assignment should be well...

You are the Owners project manager on an electrical upgrade project. Existing overhead power lines are being buried in a duct bank to hide them from view in an area of the town that is being...

Consider the power transmission from Power Station C to Substation / City SS as shown above, all are per unit impedance, 3 phases fault was found at 11kV side of Substation SS. Selecting the rating...

How is a determination made regarding selection of the permanent trustee in a Chapter 7 proceeding? Multiple Choice The bankruptcy executor appoints the trustee. The bankruptcy judge appoints the...

The issue of how much the U.S. should spend to solve particular social problems is a complex matter, and people have diverse and conflicting ideas on these issues. The following table contains...

Write a description of a 4-bit up counter named by1or2. The counter increments on a positive clock edge only if its active low enable (cnten_bar) is asserted. If its by2 input is asserted, the...

The Stern- Gerlach experiment is always performed with beam of neutral atoms wouldnt be easier to form beams using ionized atoms? Why wont this work?

compute ||2 for = sint, where is time independent and is a real constant. Is this a wave function for stationary state? Why or why not?

The maximum wavelength of light that a certain silicon photocell can detect is 1.11 micrometer (a) what is he energy gap (in eV) between the valence and conduction bands for this photocell (b)...

What is the difference between a byte and a word? What distinguishes each?

Explain how the choice of one of the following accounting methods over the other raises or lowers a companys net income during a period of continuing inflation. (a) Use of FIFO instead of LIFO for...

The following data are taken from the financial statements of Caprice Company. Compute for each year(a) The receivables turnover ratio and(b) The average collection period. What conclusions about the...

Selected data taken from a recent years financial statements of trading card company Topps Company, Inc. are as follows (in millions). Net sales ...................$326.7 Current liabilities,...

Problem 5-5 Calculating the Number of Periods (L04) Solve for the unknown number of years in each of the following (Do not round intermediate calculations and round your answers to 2 decimal places,...

Monk Consortium Corp. (Monk-Con) had sales of $1,550,000 last year on fixed assets of $380,000. Given that Monk-Con's fixed assets were being used at only 92% of capacity, then the firm's fixed asset...

Matrix.com has designed a virtual -reality program that is indistinguishable from real life to those experiencing it. Matrix .com's weighted average cost of capital is 16%. You expect the...