Your neighbor runs a retail business and needs some advice. Her business is improving and she has several more financial transactions happening in the company. She discussed this situation with her accountant and he advised her to adopt special journals to make transaction recording more efficient. She is concerned that this creates a new learning curve for her bookkeeper who is already very busy. Your neighbor knows you are studying accounting and asks you what you know about the benefits of using special journals. How would you respond?

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The Answer of Your neighbor runs a retail business and needs some advice. Her business is improving and she has several more financial transactions happening in the company. She discussed this situation with her accountant and he advised her to adopt special journals to make transaction recording more efficient. She is concerned that this creates a new learning curve for her bookkeeper who is already very busy. Your neighbor knows you are studying accounting and asks you what you know about the benefits of using special journals. How would you respond?

Your Neighbor Runs a Retail Business and Needs Some Advice