You are a publicaccountant with many small business clients. During a recent visitto a client’s business, the bookkeeper approached you with aproblem. The columns of the trial balance were not equal. Youhelped the bookkeeper find and correct the error, but believe youshould go one step further.
Requirement: Write amemo to all of your clients that explains (a) the purpose of thedouble-entry framework, (b) the importance of maintaining theequality of the accounting equation, (c) the errors that mightcause an inequality, and (d) suggestions for finding theerrors.
The document should bein a memo format, 12-font Times New Roman, and be between 500-750words.
