Reference no: EM132460260
Keith Martin is the controller for Daniels Printing Service. Keith has been putting in a lot of overtime; therefore, Mr. Daniels has allowed Keith to hire an assistant. Keith's assistant is a bright, high-school graduate, but he has never taken an accounting class. Keith is trying to decide which accounting activities could be delegated to his assistant. Keith is willing to give the assistant a few simple instructions on how to complete each task, but he doesn't have the time to teach the assistant to be an accountant.
Problem : Based on the tasks listed below, which should Keith continue to do the work or delegate the task to his assistant.
Step 1: List the account balances from the general ledger in the Trial Balance columns of the end-of-period spreadsheet.
Step 2: Add the Debit and Credit columns of the trial balance.
Step 3: Make the adjusting entries on the spreadsheet.
Step 4: Complete the spreadsheet.
Step 5: Type the formal financial statements using the data from the Income Statement and Balance Sheet columns of the spreadsheet.
Step 6: Journalize and post the adjusting entries.