explain the role of computer in accountancy? (6 Mark)
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The manual system of recording accounting transactions requires maintaining books of accounts such as journal, cash book, special purpose books, and ledger and so on. This machine is capable of computing discount, adding net total and posting the requisite data to the relevant accounts.
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The manual system of recording accounting transactions requires maintaining books of accounts such as journal, cash book, special purpose books, and ledger and so on. This machine is capable of computing discount, adding net total and posting the requisite data to the relevant accounts. ...
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