You are an accountant in a medium-sized manufacturing company
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August 10, 2017Process Architecture Phase of Business Process Management
August 10, 2017You are an accountant in a medium-sized manufacturing company
You are an accountant in a medium-sized manufacturing company. You have been asked to mentor an accounting clerk who is new to your accounting department.
• Explain why adjusting entries are necessary.
• Describe the 4 types of adjusting entries, and provide a manufacturing industry example of each.
• Describe how these entries would be recorded in a computerized accounting system.
• Describe 1 ethical issue that could result from the preparation of these manufacturing entries.
