20 Jan The following discussion took place between Mary L
The following discussion took place between Mary Louden, the office manager of Zoomworks Data Company, and a new accountant, Allen Jarvis.Allen: I’ve been thinking about our method of recording entries. It seems that it’s inefficient.Mary: In what way?Allen: Well correct me if I’m wrong it seems like we have unnecessary steps in the process. We could easily develop a trial balance by posting our transactions directly into the ledger and bypassing the journal altogether. In this way, we could combine the recording and posting process into one step and save ourselves a lot of time.What do you think?Mary: We need to have a talk.What should Mary say to Allen?
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