Define a computerised accounting system. Distinguish between manual and computerised accounting system.

A computerised accounting system is an accounting information system that processes the financial transactions and events as per Generally Accepted Accounting Principles  to produce reports as per user requirements. Every accounting system, manual or computerised, has two aspects. First, it has to work _________ __________ _____ ____ _______.
_______ ___ _________ ________ ______ ________ ___ ______ _______ ________ ________ ________.
________ __________ ____ _______ __________ _________ _______ _______.
_______ ____ ___ _________ _________ __________ ___ ______ _______ _____ _________.
_______ ___ ______ ____ _______ _____ _____ ____ ________ _______ ________ ______.
________ __________ _______ _______ ________ __________.
______ _____ ____ ______ _____ ______.
___ ____ __________ ______ ____ _____ _____ ______ ____.
____ _______ _____ ___ _________ ______ _________.
________ ________ ____ _________ ________ __________ _____ _______.
_______ ________ _______ _____ _______.
_______ _______ _______ ________ ______ _______ ________ __________ ______ ______ ______.
_____ _______ ________ ___ _______ ___ _____ ______.
___ _____ ______ _________ ____ _______ ____ _____ ____ _________ ___.
______ ________ _________ ___ ______ ______ __________ _________ ______ _______.
____ __________.
Get Full Answer on WhatsApp