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achalmers achalmers
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Posts: 459
5 years ago
As each payroll transaction is processed, the system should also

• allocate labor costs to appropriate general ledger accounts

• use cumulative totals generated from a payroll to create a summary journal entry to be posted to the general ledger

• both allocate labor costs to appropriate general ledger accounts  and use cumulative totals generated from a payroll to create a summary journal entry to be posted to the general ledger

• The HRM system should not perform either activity A or B.
Textbook 
Accounting Information Systems

Accounting Information Systems


Edition: 14th
Authors:
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DWFG2796DWFG2796
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Posts: 368
5 years ago
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achalmers Author
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5 years ago
Thanks
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Helped a lot
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You make an excellent tutor!
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