Question: Answer the following with relevant examples and references . Use the 6 th APA referencing style. a) A non-accounting manager confronted you with this statement,
Answer the following with relevant examples and references. Use the 6th APA referencing style.
a) A non-accounting manager confronted you with this statement, Double-entry bookkeeping is a total waste of time and money! Everything has to be recorded twice because of the double-entry bookkeeping system. Provide your comment on this statement. (Marks = 8 marks)
b) Your friend just made the following statement when he was complaining one day about his accountant, My accountant has got everything wrong! She has totally mixed up all the debit and credit entries. As a college student who is enrolled to the FC-ACCT130 Business Accounting course, you learned the basic accounting techniques in class that will help you track these form of accounting errors. Explain the relevant error trackingapproach/method with examples. Support your explanation with reliable references
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