Accountancy, asked by sahut8266, 3 months ago

What is meant by computerised accounting system ?​

Answers

Answered by llitzDisha06ll
1

Answer:

A computerised accounting system is an accounting information system that processes the financial transactions and events as per Generally Accepted Accounting Principles (GAAP) to produce reports as per user requirements. ... First, it has to work under a set of well-defined concepts called accounting principles.

hope it helps uh

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