Question

write the components of accounting Systems.​

Answer 1

There are five main components in an accounting system. Each part has a different job and accomplishes different step in the financial reporting process. The five components are source documents, input devices, information processors, information storage, and output devices.

Answer 2

Answer:

You can think of the accounting system in terms of how it relates to the accounting cycle. Each section of the system is designed to accomplish one or two steps in the cycle ultimately culminating in the preparation and issuance of financial statements

Example

There are five main components in an accounting system. Each part has a different job and accomplishes different step in the financial reporting process. The five components are source documents, input devices, information processors, information storage, and output devices.