Journals and ledger processing transactions

Assignment Help Accounting Basics

Reference no: EM1357459

1. Why is it important for a new system's capabilities to be aligned with an organization's overall goal?

2. How are journals and ledger used in processing transactions? If a manufacturing company were to maintain special journals for purchases, sales, cash receipts, and cash disbursements, describe five journal entries that an AIS might make directly to the general journal.

Reference no: EM1357459

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