You Are a Supervisor in the Accounting Department of a Large

question 133

Essay

You are a supervisor in the accounting department of a large manufacturing company. Two weeks ago you were anxious to leave for your vacation and so you hurriedly recorded a whole stack of journal entries so that the others would not have as much to do while you were gone. When you returned you realized that you had entered a payment on account of a customer Norbert as payment on another customer's account Norton. Even worse you realized that Norbert's payment had been on an overdue account and that Norton had received a refund for overpayment.
Required:
Write a memo to Alma Gutierrez your boss explaining your mistake.

---

Definitions:

Origin of the Universe

The origin of the universe pertains to the various scientific theories and philosophical ideas related to the beginnings and formation of the universe.

Alternate Explanations

Different theories or reasons offered to explain the same phenomenon or observation.

Theory

A systematic framework of concepts that aims to explain phenomena and make predictions.

Hypothesis

A proposed explanation for a phenomenon, typically tested through experimentation or observation to determine its validity.