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Contents1 2 3 Data Interface between the Information System[/su_heading] Management and Accounting Information System- In order to remain competitive, organizations depend heavily on Information Systems. Management Information System (MIS) is used as the most common form of information system. A management information system (MIS) is a system that provides the information necessary to make decisions … Read more
Contents1 2 3 4 4.1 i) Data Entry4.2 ii) Data Validation4.3 iii) Processing and Revalidation4.4 iv) Storage4.5 v) Information4.6 vi) Reporting5 What is Computerised Accounting- A computer is a device, which is capable of performing a spread of operations as directed by a group of instructions. This set of instructions has been named a program. … Read more
Contents1 1.1 2 3 4 5 6 Ledger Posting in Accounting is a very important role in maintaining accounts books or records of the transaction. At the time of preparing accounts in any organization (business), preparing different ledger accounts, and also finding balance in each account is very important. Accounting is a process of recording … Read more
Contents1 1.1 1.2 These hot releases books of business strategy by Amazon products & its good definition of financial markets. This book is written by John J. Murphy. This book review is 4.4 out of 5. This book is a Comprehensive Guide to Trading Methods and Applications This outstanding reference has already taught thousands of … Read more
A company sort of organisation is that the third stage within the evolution of sorts of organisation. Its capital is contributed by an outsized number of persons called shareholders who are the important owners of the corporate.
Contents1 1.1 2 2.1 I) Speed:2.2 II) Accuracy:2.3 III) Reliability:2.4 IV) Versatility:2.5 V) Storage:3 3.1 Lack of Commonsense:3.2 Zero IQ:3.3 Lack of Decision-making: Computer Application in Accounting is technological know-how and its utilization has registered an enormous improvement during the closing three decades. Historically, computer systems are used efficiently in science and science to remedy … Read more
Contents1 2 3 4 4.0.1 A very important is the Distinction between Capital and Revenue Items in accounting. The distinction has important implications for creating the trading and profit and loss account and record. The revenue items form a part of the trading and profit and loss account, the capital items help with the preparation … Read more
Contents1 2 3 What are Relevant Items in the Balance Sheet3.1 Current Assets:3.2 Current Liabilities3.3 Fixed Assets:3.4 Intangible Assets:3.5 Long-term Liabilities:3.6 Capital:3.7 Drawing:4 Marshalling and Grouping of Assets and Liabilities in Balance Sheet Balance Sheet- The record may be a statement prepared for showing the financial position of the business summarizing its assets and liabilities at … Read more
Contents1 1.1 1.1.0.1 Items on the debit side1.1.0.2 Items on the credit side1.2 Closing Entries1.3 Concept of Gross Profit and Net Profit1.4 Trading and Profit & Loss account are prepared to determine the profit earned or loss sustained by the business enterprise during the accounting period. It is basically a summary of the revenues and … Read more
Contents1 1.1 1. Think Like an Accountant1.1.1 After reading this book:1.2 2. Accounting for beginners1.3 3. Accounting Principals1.4 4. Basic Accounting Simplified1.5 5. Accounting 1. Think Like an Accountant This book is written by Shubhasish Das. These account books for beginners all are struggling to understand accounting and do not be aware of why. Then … Read more