Jenks Company performs the following accounting tasks during the year.
______Analyzing and interpreting information
______Classifying economic events
______Explaining uses, meaning, and limitations of data
______Keeping a systematic chronological diary of events
______Measuring events in dollars and cents
______Preparing accounting reports
______Reporting information in a standard format
______Selecting economic activities relevant to the company
______Summarizing economic events
Accounting is “an information system that identifies, records, and communicates the economic events of an organization to interested users.”
Instructions
Categorize the accounting tasks performed by Jenks as relating to either the identification (I), recording (R), or communication (C) aspects of accounting.