Reflection Paper Problem: Decision-Making and Reflection
This problem is a critical thinking and decision-making exercise that will allow you to practice and apply what you have learned from your unit lesson and required unit resources for this unit. Review the Decision-Making Across the Organization (CT7.2) case on page 7-43 of the textbook, which speaks on Ermler & Trump. Review the scenario, and then respond to the questions below.
a) Identify the special journals that Ermler & Trump should have in its manual accounting system. List the column headings appropriate for each.
b) What control system and subsidiary accounts should be included in Ermler & Trump's manual accounting system? Why?
The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.