When Ann used her computer to prepare a personal resume, even though she provided her own paper she was doing it on her company's pay. This is a waste of the company's money. It may seem that her boss looking on her computer was unethical, but in reality, Ann's boss owns her computer. They have the right to look wherever they want because they legally own it. Not only can they look on her computer, they can actually charge Ann for the time they lost by her doing personal things on their computer. What Ann did was unethical because she used time she should have been working for personal gain.
Duty, Honor, Country
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Today you will begin to post Purchases and Sales transactions to the general ledger and Subsidiary ledgers. This process is nothing new. Proving the journal, proving cash..........You have done it all before. The new task will be to create a Schedule of Accounts Payable and Receivable. Let me know if you have questions.
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