Now that Lucy has finished closing the hospital's financial books, she can set-up the financial books in the new accounting system. 2. Initial Post: Create a new thread and answer all three parts of the initial prompt below Explain how you would guide Lucy through the steps of setting-up the chart of accounts when using an accounting software program. What is a potential issue that the hospital may experience if the chart of accounts is not accurate? Describe how to correct one common chart of account error. Hint: Conduct research over an internet search for the phrase, "finding and fixing chart of account errors" to help you answer this prompt. Remember to cite your sources by using this helpful guide.

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Guiding Lucy Through Chart of Accounts Setup in Accounting Software Heres how you can guide Lucy through setting up the chart of accounts in her new accounting software program 1 Understand Hospitals ... View the full answer