Question: Tutorial 2 [to be held in week 3] -The recording process While the lecture and text has a lot of transaction analyses by writing it
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Tutorial 2 [to be held in week 3] -The recording process While the lecture and text has a lot of transaction analyses by writing it up in a table that is not what happens in real life. Items are recorded directly into the General Journal. The table analysis is useful to explain how events affect two different accounts and introduce the double entry recording process. ISlur questions will focus on the actual process. In your mind you should be thinking about this as the first step before writing the general journal entries. This is an example ofan analysis which I will not ask you to do Assets - \":1th + Em in an exam question, but should become part of your thinking 555\" = w {1} mom = mean Issued mum and logic behind making general journal entries. 1. {11. Carlon et al. (2016] Describe the accounting information system and the steps in the recording process. You may find it useful to make a simply diagram that show the steps involved
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