Fundamental Accounting Principles
Fundamental Accounting Principles
24th Edition
ISBN: 9781259916960
Author: Wild, John J., Shaw, Ken W.
Publisher: Mcgraw-hill Education,
Question
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Chapter 7, Problem 1QS
To determine

Concept Introduction:

Accounting information System:

An information system takes the raw data as input converts into the meaningful information by processing it. The accounting information system takes source documents and input using the input devices and Processes it into the information and delivers it using the output devices. The components of an accounting information system are as follows:

  • Source Document
  • Input Devices
  • Information Processors
  • Information Storage
  • Output devices

The type of component for each of the component given

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Chapter 7 Solutions

Fundamental Accounting Principles

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