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What are five basic components of an accounting system

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Reference no: EM131533433

Question: 1. Identify the five primary components of an accounting information system.

2. What is the aim of information processors in an accounting system?

3. How are data in the information storage component of an accounting system used?

4. When special journals are used, where are cash payments by check recorded?

5. How does a columnar journal save posting time and effort?

6. What are the five fundamental principles of accounting information systems?

7. What are five basic components of an accounting system?

Reference no: EM131533433

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