List the five steps in the process by which accounting provides ...

[segrsyd]

List the five steps in the process by which accounting provides information to users.

Question 2

Taxes were levied in the General Fund during 20X8 . 157,700 of the taxes were still uncollectible as of the end of the fiscal year.
 
  The conversion worksheet adjustment necessary as the government-wide statements are being prepared would include a DEBIT to
  a. Deferred revenues
  b. Revenues
  c. Taxes receivable
  d. Other financing sources
  e. Allowance for doubtful accounts

[frejo]

Answer to Question 1

1 . Identify users.
2 . Assess users' information needs.
3 . Design the accounting information system to meet users' needs.
4 . Record economic data about business activities and events.
5 . Prepare accounting reports for users.

Answer to Question 2

A