What are two common entry-level accounting software systems used by small businesses?

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A: Accounting Information System:- It is the framework or structure that a business or company uses to…

Q: How is Business Analytics applied in Accounting?

A: Introduction: The purposes of accounting include maintaining a systematic record of all financial…

Q: What are the uses of manual accounting information systems in business? What are the benefits of…

A: Manual accounting information system is the system of bookkeeping in which business transactions and…

Q: business manage

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A: As the question has more than 3 sub-parts, the first 3 subparts are answered. If you want the answer…

Q: advantages and disadvantages of using an Excel spreadsheet in all aspects of business

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Q: Which option is better for small business owners, computerized or manual accounting system? Why?…

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A: Hi student Since there are multiple questions, we will answer only first question. If you want…

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A:

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A: Stockholders own a portion of the company's capital stock. They are the business's actual owners.

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A: The Answer

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Computerized Accounting System

The Computerized Accounting System is generally a system of maintaining accounts using computers. In this method of accounting system, the accounting transactions are processed through the use of hardware and software to generate the reports such as journals, ledgers, trial balance, trading account, P/L accounts, balance and other reports.