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ACC 290T Practice: Week 2 Discussion//tutorfortune.com<br><br>Click on below link to buy<br>https://tutorfortune.com/products/acc-290t-practice-week-2-discussion<br><br>ACC 290T Practice: Week 2 Discussion<br> <br><br>Review the Discussion FAQs Module.<br><br>Respond to the following:<br><br>As the bookkeeper of a new start-up company, you are responsible for keeping the chart of accounts up to date. At the end of each year, you analyze the accounts to verify that each account should be active for accumulation of costs, revenues, and expenses.<br><br>In July, the accounts payable (A/P) clerk asked you to open an account named New Expenses. You know that an account name should be specific and well defined, and youu2019re afraid the A/P clerk might charge some expenses to the account that are inappropriate.<br><br>Why do you think the A/P clerk needs the New Expenses account? Who needs to know this information, and what action should you consider?<br>ACC 290T Practice: Week 2 Discussion<br>Click on below link to buy<br>https://tutorfortune.com/products/acc-290t-practice-week-2-discussion<br>
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ACC 290T Practice: Week 2 Discussion//tutorfortune.com Click on below link to buy https://tutorfortune.com/products/acc-290t-practice-week-2-discussion A C C 2 9 0 T P r a c t i c e : We e k 2 D i s c u s s i o n R e v i e w t h e D i s c u s s i o n F A Q s Mo d u l e . R e s p o n d t o t h e f o l l o w i n g : A s t h e b o o k k e e p e r o f a n e w s t a r t - u p c o mp a n y , y o u a r e r e s p o n s i b l e f o r k e e p i n g t h e c h a r t o f a c c o u n t s u p t o d a t e . A t t h e e n d o f e a c h y e a r , y o u a n a l y z e t h e a c c o u n t s t o v e r i f y t h a t e a c h a c c o u n t s h o u l d b e a c t i v e f o r a c c u mu l a t i o n o f c o s t s , r e v e n u e s , a n d e x p e n s e s . I n J u l y , t h e a c c o u n t s p a y a b l e ( A / P ) c l e r k a s k e d y o u t o o p e n a n a c c o u n t n a me d N e w E x p e n s e s . Y o u k n o w t h a t a n a c c o u n t n a me s h o u l d b e s p e c i fi c a n d w e l l d e fi n e d , a n d y o u ’ r e a f r a i d t h e A / P c l e r k mi g h t c h a r g e s o me e x p e n s e s t o t h e a c c o u n t t h a t a r e i n a p p r o p r i a t e . Wh y d o y o u t h i n k t h e A / P c l e r k n e e d s t h e N e w E x p e n s e s a c c o u n t ? Wh o n e e d s t o k n o w t h i s i n f o r ma t i o n , a n d w h a t a c t i o n s h o u l d y o u c o n s i d e r ? A C C 2 9 0 T P r a c t i c e : We e k 2 D i s c u s s i o n Click on below link to buy https://tutorfortune.com/products/acc-290t-practice-week-2-discussion