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A check for $5,000 issued to pay Accounts Payable was entered as a debit to Supplies Expense and credit to Cash The revenue account was not closed during the closing process What are the errors we would find in the financial statements?

Prompt
Consider the following potential errors a bookkeeper may encounter:

$13,000 of insurance expense incorrectly entered as an interest expense
Omission of $4,000 adjustment for depreciation on equipment
A check for $5,000 issued to pay Accounts Payable was entered as a debit to Supplies Expense and credit to Cash
The revenue account was not closed during the closing process
What are the errors we would find in the financial statements? Do these errors have an impact on the current period? Future periods? What are some steps that need to be taken to correct these errors? In which of the nine steps of the accounting cycle did these errors occur? Discuss your rationale.

Show the research process and explain how you selected your topic and refined it to be narrow.

1. Show the research process and explain how you selected your topic and refined it to be narrow.

2. Explain the techniques and tools you used to come up with your keywords.

3. Which databases you use to search for your topic (JSTOR, ProQuest Newsstand, etc.)

4. For each of the resource groups you search within, explain the process of using that tool. What searches did you run? What keywords worked and what did not?

5. Explain how did you decide which resources were the best for topic? What criteria did you use to make these decisions?

6. Write an annotation of the resource\’s content and it\’s relevance.

Compensation Benefits and Productivity

Critique an existing (real life) total rewards compensation-benefits program using the information found in both text books and at least two support periodical or credible online articles. The key is to put your knowledge to use. This paper should be in MS WORD, double-spaced, Arial or Calibri font, between 4 to 5 pages in length.