Lance Berkman is the controller of Saturn, a dance club whose
year-end is December 31. Berkman prepares checks for suppliers in
December, makes the proper journal entries, and posts them to the
appropriate accounts in that month. However, he holds on to the checks
and mails them to the suppliers in January.Requirements1. What financial ratio(s) is(are) most affected by the action?2. What is Berkman’s purpose in undertaking this activity