Dean Field is a bookkeeper for a retail shop. He is super excited about his upcoming two-week vacation to Hawaii. His flight leaves to Honolulu at 7pm on Friday. At 4:45pm on Friday he realizes the company’s trial balance is a mess and it does not balance. He places random numbers in the General Ledger system to make it balance and leaves the office to catch his flight. He knows he can correct the situation when he returns from his vacation. What are your thoughts about this case?

Question

16-06-2022
Mathematics

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Dean Field is a bookkeeper for a retail shop. He is super excited about his upcoming two-week vacation to Hawaii. His flight leaves to Honolulu at 7pm on Friday. At 4:45pm on Friday he realizes the company’s trial balance is a mess and it does not balance. He places random numbers in the General Ledger system to make it balance and leaves the office to catch his flight. He knows he can correct the situation when he returns from his vacation. What are your thoughts about this case?

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topeadeniran2 topeadeniran2 · Answer 1 · 2022-06-17T23:20:54+02:00

The fact that Dean Field places random numbers in the general ledger system to make it balance and leaves the office to catch his flight is wrong.

What is a ledger?

It should be noted that a ledger simply means a record of the balance of each of the accounts of a business.

In this case, when he realizes the company’s trial balance is a mess and it does not balance, he should have waited and ensured that he re calculated it and made it balance.

Learn more about ledgers on:

brainly.com/question/1436327

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