Question: 1 E82 h 74% CENT 125% (4) Why can't we just record all transactions directly into the general ledger and skip the general journal? EX
1 E82 h 74% CENT 125% (4) Why can't we just record all transactions directly into the general ledger and skip the general journal? EX Helvetica Neue (5) Why are the ledger accounts in a specific order? Why aren't they listed in alphabetical order? # t (6) Why aren't increases (+) always a debit and decreases (-) always a credit? Wouldn't that make more sense? (7) Why can't you wait until the end of the month to compute the balance of each account in the ledger? Isn't it a lot of work to recompute a new balance after each posting? (8) In business, we say that we need to raise capital to start a business, so why aren't cash and capital the same thing
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
