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What are the different types of accounting software programs

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Questions -

Q1. What are the different types of accounting software programs and what are the major differences between these programs? Please explain.

Q2. Chart of Accounts - What steps are necessary to add a new account to the chart of accounts? What could potentially go wrong if a step is missed?

Q3. Cash Receipts - Why must cash receipts be issued? What do you think would happen if they were not issued?

Reference no: EM132557521

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