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Author Question: Describe the sequential order for using guides and folders in filing documents. What will be an ... (Read 108 times)

mydiamond

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Describe the sequential order for using guides and folders in filing documents.
 
  What will be an ideal response?

Question 2

What is included on a balance sheet, and how do these items help management?
 
  What will be an ideal response?



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hollysheppard095

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Answer to Question 1

Describe the sequential order for using guides and folders in filing documents.
The sequence in which to place guides and folders is: primary guides, individual name folders, miscellaneous folders, and special guides.

Answer to Question 2

What is included on a balance sheet, and how do these items help management?
The balances in the asset, liability, and owner's equity accounts are on the Balance Sheet.
It shows management the company's complete financial condition.
It tells management the condition of the business on any one given day.
It helps management make better decisions about financial matters.
It can identify problem areas and pinpoint their weaknesses about the problem.



mydiamond

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Both answers were spot on, thank you once again




 

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