Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

تمرين 4

Lance Berkrnan is the controller of Saturn, a dance club whose year-end is December 31. Berkrnan prepares checks for suppliers in December makes the proper journal entries, and posts them to the appropriate accounts in that month. However, he holds on to the checks and mails them to the suppliers in January.
Requirements
1. What financial ratio(s) is(are) most affected by the action
2. What is Berkman's purpose in undertaking this activity