What do the terms debit and credit mean in accounting-What is your opinion?

Analyzing and Recording Transactions Why do we have accounting rules? What is your opinion? Use your research skills, google, and chapter 3 of your online textbook to answer the following question. What do the terms debit and credit mean in accounting? What is your opinion? What is a journal in accounting? What is your opinion? […]

Identify the major threats in general ledger and reporting activities and evaluate the adequacy of various control procedures for dealing with them.

Describe the information processing operations required to update the general ledger and to produce reports for internal and external users. Identify the major threats in general ledger and reporting activities and evaluate the adequacy of various control procedures for dealing with them. Understand the implications of new IT developments, such as XBRL, and changes in […]