User Account

All Pages

Which of the steps in the accounting cycle does not occur

Assignment Help Financial Accounting
Reference no: EM132998185

Problem 1: In comparing the operation of a manual accounting system with a computerised system, which of the following steps in the Accounting cycle does not occur automatically in a computerised system?

a. Journalise transactions
b. Post to ledger accounts
c. Prepare financial reports
d. Prepare to trial balance
e. Prepare closing entries

Reference no: EM132998185

Questions Cloud

What is the purpose of an exclusion clause in a contract : What is the purpose of an 'exclusion clause' in a contract?
Outline company data that is needed to complete cash flow : Outline the company data that is needed to complete a Cash Flow Statement. Also outline the key information that a cash flow statement provides
Describe negotiation in organizational behaviour : Describe "negotiation" in organizational behaviour and how has it caused problems for the organization. Describe at least two action-oriented personal developme
Do you believe expenditures for child care : Do you believe expenditures for child care and fitness facilities are warranted from a cost-benefit perspective? Why or why not?
Which of the steps in the accounting cycle does not occur : In comparing the operation of a manual accounting, Which of the steps in the Accounting cycle does not occur automatically in a computerised system?
What is management : What is management? What are the management functions? What are the 4P's of marketing? What is product management? What is service management?
Calculate sandy distribution cost for channel : Calculate Sandy's "distribution cost" for each channel. Calculate Sandy's "net revenue" for each channel.
What the price of the call option is closest to : According to the put-call parity, the price of the call option is closest to? European call and put options on the same stock with the same exercise
What is the tax owed : Be careful when signing a work-for-hire agreement if you are a songwriter. You may lose all rights to your song in the copyright law world.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Calculate the resources invested in cash conversion cycle

Calculate the resources invested in the cash conversion cycle. Would you be able to help me step by step how this is done, im clueless.

  What would Symphony report as total shareholders equity

Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores. What would Symphony report as total shareholders' equity

  Income statement and single step income statement

the multiple-step income statement and single step income statement

  How many shares is andrew deemed to own in howe corporation

Andrew owns 70% of the stock in Green Corporation. How many shares is Andrew deemed to own in Howe Corporation under the attribution rules of §318?

  Revenue cycle used in a database for accounting cycle

Prepare at least two tables, using Revenue cycle that would be used in a database for accounting cycle.

  Correct statements about the market-based

All of the following are correct statements about the market-based approach except that it

  What is its depreciable cost

Machinery was purchased for $50,000, has an estimated scrap value of $6,000 and has a current carrying value of $33,000. What is its depreciable cost

  Briefly explain institutional theory

Explain the relationship between accounting theory, the accounting conceptual framework and accounting standards and Work individually and in groups

  A department store clerk learns that her employer

A department store clerk learns that her employer has placed a hidden video camera in the employee changing room. If she sues, the claim would most likely be for:

  Share the state of louisiana licensing standards for ratios

How will the NAEYC standards influence the overall budget outcome in comparison to the state of Louisiana licensing regulations?

  How might such a deficit be eliminated

How might such a deficit be eliminated? In the liquidation of a partnership, why might a partner be concerned that a fellow partner has a deficit.

  Would use confirmations for payables testing

Would you use confirmations for your payables testing? If so, which balances and why? What result would disruption have on the assessed level of control risk?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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