Question

Eight areas of computer application in accounting system

Answer 1

Explanation:

Financial Accounting is the system of Recording, Classifying, summarizing, Interpretation and Communicating accounting information to different users.  Uses of computers in Financial accounting  Recording Transactions: The computer can be programmed to record and update both accounts affected in a transaction.

Answer 2

Answer:

Financial Accounting is the system of Recording, Classifying, summarizing, Interpretation and Communicating accounting information to different users.  Uses of computers in Financial accounting  Recording Transactions: The computer can be programmed to record and update both accounts affected in a transaction.