An accounting system is the methods and procedures used to collect, classify, summarize, and report the businesses financial information
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Q2: The basic procedure of posting from a
Q6: Systems analysis is the final phase in
Q6: The presence of a subsidiary ledger requires
Q7: Businesses must implement controls to help guide
Q9: Analysis of user needs is the final
Q12: The account for each supplier of merchandise
Q13: The principal ledger that contains all the
Q14: The methods or procedures used to record
Q15: Most accounting systems evolve as the business
Q16: The customers subsidiary ledger is controlled by
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