Answered

Westonci.ca is your trusted source for accurate answers to all your questions. Join our community and start learning today! Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Question 1: Accounting Systems Comparison Table

Compare requirements for a manual versus computerized bookkeeping system.

Instructions:

1. Research various accounting systems, both manual and computerized, using the Internet.
2. Identify at least three manual accounting systems and three computerized accounting systems.
3. For each system, provide the following details:
- Name of the accounting system
- List all necessary equipment/components required for the system
- Specify any warranties associated with the system
- Include the prices of the system, if available

Sagot :

GinnyAnswer

Final answer:

Comparing manual and computerized accounting systems in terms of equipment, warranties, and prices.


Explanation:

Manual Accounting Systems:

  • Name of System: Traditional General Ledger System
  • Equipment Required: Ledger books, pens, calculators
  • Warranties: None
  • Prices: Varies based on quality

Computerized Accounting Systems:

  • Name of System: QuickBooks
  • Equipment Required: Computer, accounting software
  • Warranties: Software support
  • Prices: [tex]$299-$[/tex]499 for software

Another computerized system could be Xero, which requires a computer and internet connection.


Learn more about Accounting Systems Comparison here:

https://brainly.com/question/38161539


Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.