Your company has just hired a new accounting clerk, Lily. Her work is excellent, but...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Your company has just hired a new accounting clerk, Lily. Her work is excellent, but you notice shes spending a lot of time filling in the explanation space of the General Ledger when posting transactions. What should you do in this situation? Select answer from the options below Explain to Lily this is unnecessary; the Ledger reflects the Journal page the entry came from, which includes the explanation. Do nothing; Lily is doing unnecessary work, but theres no harm in it and it is unlikely to result in accounting errors. Praise Lily for her careful work; many people neglect the explanation section and her extra effort ensures her entries are complete. Check Lilys work for accuracy; if she doesnt know
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
