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Q. Uses of technology in accounting?
The computers of persons in a given building or department are frequently connected in a Local Area Network (LAN). These persons are able to then access simultaneously the programs and databases stored in the LAN and can communicate with all other persons in the LAN through email. A more advanced kind of computer network is called Client/Server Computing. In this structure any computer in the network can be used to update the information stored elsewhere in the network. For instance accounting information stored in one computer could be updated by authorized persons from a number of other computers in the system. The use of networks is designed to get better efficiency and to reduce software and hardware costs.
The ratio of __________ to __________ is an example of a __________ ratio. A. quick assets; current liabilities; leverage B. cost of goods sold; total assets; asset utilization
What is journal entry for Input CST which are paid at the time of purchases of goods from other state.
The process of adjusting the bond interest expense account for any premium or discount is called amortization of the premium or discount
Function and scope of the Accounting Standards Board: The major function of ASB is to originate accounting standards so that the Council of the Institute in India may set up su
HOW TO DO DOUBLE ENTRY QUESTIONS
An estimated liability: 1. Is an unknown liability of a certain amount. 2. Is a known obligation of an uncertain amount that can be reasonably estimated. 3. Is a liabil
a decrease in owner''s equity may result from a(n) a. purchase of office supplies for cash b. withdrawal of cash from the business by owner c. revenue that is derived from sales of
Q. Uses of journal in accounting? Organizing journal entries in a computerized system is different than in a manual system. The computer usually asks for the number of the acco
How can price inflation effect a university negatively in the future? Like, what are a few things in the university that will be impacted?
What if the public holiday falls on a rest day? how to pay and which one is?
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