Question
1.Hiring an employee and taking a sales order are business activities but are not accounting transactions requiring journal entries. Make a list of some other
1.Hiring an employee and taking a sales order are business activities but are not accounting transactions requiring journal entries. Make a list of some other business activities that would not be captured as journal entries in a traditional AIS. Do you think managers or investors would be interested in knowing about these activities? Why or why not?
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
