Question
Michael Ludvik is the comtroller for ART print and scanning services. Michael has working overtime lots due to the pandemic and people teleworking; for this
Michael Ludvik is the comtroller for ART print and scanning services. Michael has working overtime lots due to the pandemic and people teleworking; for this reason, he’s requested an assistant. Michael’s new assistant is a hard working, smart, recent high school graduate, but he’s got zero experience within the accounting field, let alone taken a class on the topic. Michael’s meditating on which accounting responsibilities should be delegated to his newly hired assistant. Michael as a manager and used to taking care of most of the tasks himself would like to to give his new assistant just a some simple instructions on how-to successfully complete all of the tasks assigned, but he is so backed up with work that he has little to no time at all to teach his “protégé” into being an accountant.
According to all the tasks mentioned below, please explain if Michaels should continue to do execute this function or pass the work to his new assistant . also provide a thorough yet concise explanation for each one of the reasons.
- List account balances from general ledger in Trial Balance columns of the end of period spreadsheet.
- Add Credit and Debit columns of the trial-balance.
- Make adjusting entries on spreadsheet.
- Complete spreadsheet.
- Type formal financial statements utilizing data from the Income Statement and Balance Sheet columns of the spreadsheet.
- Journalise an post adjusting entries.
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