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Accounting Information Systems 7th Edition by Cynthia Heagy,Constance Lehmann
Edition 7ISBN: 978-1111219512Accounting Information Systems 7th Edition by Cynthia Heagy,Constance Lehmann
Edition 7ISBN: 978-1111219512 Exercise 3
From a historical perspective, accountants have insisted that certain types of transactions be recorded in specific journals. Conversion to computerized systems has affected some of these "rules."
Required:
a. What are the assignments of transactions to various journals using manual systems?
b. What is the basis for such assignments?
c. How do these assignments differ in a computerized system?
Required:
a. What are the assignments of transactions to various journals using manual systems?
b. What is the basis for such assignments?
c. How do these assignments differ in a computerized system?
Explanation
Verified
Verified
a. Hand-written journal entries are used...
Accounting Information Systems 7th Edition by Cynthia Heagy,Constance Lehmann
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