Advantages of integrated computer-based accounting system


Response to the following questions:

1. What is the process for posting to a subsidiary ledger and its controlling account?

2. How do we prove the accuracy of account balances in the general ledger and subsidiary ledgers after posting?

3. Why does a company need a general journal when using special journals for sales, purchases, cash receipts, and cash disbursements?

4. Identify an advantage of an integrated computer-based accounting system.

5. What advantages do computer systems offer over manual systems?

 

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Accounting Basics: Advantages of integrated computer-based accounting system
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