Creating general-ledger accounts in accounting systems

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Develop guidelines that should be when creating general-ledger accounts in accounting systems.

Describe at least four guidelines that should be in place for designing coding systems to support the creation & maintenance of these accounts. Describe the two problems that can occur when firms do not follow these guidelines. NOTE: For each guideline, you will describe two problems that can occur with the use of that guideline.

Reference no: EM13752443

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