Describe manual and automated systems of accounting

Assignment Help Accounting Basics
Reference no: EM132932761

Question - The company you worked in is about to set a new subsidiary and is considering between manual and automated accounting system of bookkeeping for that company. Your supervisor asked you to perform a brief research where you:

a. Describe manual and automated systems of accounting.

b. Compare and contrast between these two systems.

c. Suggest one accounting software the company can use. Explain the reasons for choosing it.

Reference no: EM132932761

Questions Cloud

Explain the law of large numbers : 1) a. Explain the law of large numbers. b. What is the meaning of adverse selection? Name two methods that insurers use to control adverse selection.
What is total contribution margin if sales volume increases : Schister Systems uses the following data in its Cost-Volume-Profit analyses: What is total contribution margin if sales volume increases by 20%
Helpful strategy for college-level writing : Can you share your most helpful strategy for college-level writing? What will the strategy be?
Determine the dollar value of the annual bond premium : Baltimore uses the straight-line method for amortization. Use this information to determine the dollar value of the annual bond premium amortization
Describe manual and automated systems of accounting : Describe manual and automated systems of accounting. Suggest one accounting software the company can use. Explain the reasons for choosing it
What are the typical characteristics of a process costing : What are the typical characteristics of a process costing and list 2 examples of industries that are likely to use process costing
What is the definition of harassment : What is the definition of harassment according to the Occupational Health and Safety Act (OHSA) and What does the employer need to do, by law, in this case
Conduct an environmental scan focused on environmental : 1.1: Critically analyse the current strategic aims and objectives of your chosen scenario / organisation, you may wish to consider the fuller hierarchy of objec
How much financing does the hospital require : If it takes the hospital 15 days to collect an account receivable, how much financing does the hospital require to avoid running out of cash

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd