what is the source of accounting information
Answers
Answer:
accounting is regarded as the language of a business it is used to means of communication between in a business organisation
Answer:
The answer to the question-"what is the source of accounting information"- is-
- business transaction and accounting records .
- Source of accounting information
Explanation:
Source of accounting information
The source of accounting information can be the-
- accounting records
- business transaction .
Information is reliable ,when there is a proper or appropriate accounting. Proper accounting system makes information more reliable. To the organization,, a management information system accounting works.
Source of accounting information
The source of accounting information are-
- Employee time cards.
- Cash register receipts.
- Canceled checks.
- Computer-generated receipts.
- Invoices.
- Purchase orders.
- Credit memo for a customer refund.
- Deposit slips.
The accounting information is always generated by accountant. This is done by screening ,observing, transactions and recognizing events in the business. The accountant process information and measures and compile report which consist of accounting information which is communicated to the users.
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