Overview
Reflect on what you have learned in the past several units and compose your journal response on the following questions:
Do you think the same person who receives cash payments should also prepare the bank reconciliation? Give at least
one reason to support your answer.
Identify a company, business, or organization in your community (it can be one for which you work), and share some
examples of current and long-term liabilities for that company. Reflect on the financial statement presentation
requirements for the company’s current and long-term liabilities. Based on what you have learned, what changes would
you make, if any? Why, or why not?
Your journal must be a minimum of three well-constructed paragraphs and at least one source from the CSU Online Library
should be used. Adhere to APA format when creating citations and references for this journal assignment.