6. December 31. Health & Wellness paid employees $5000.00 of wages owed. ASSETS LIABILITIES + NET ASSETS Cash Wages payable

Q: State the different elements of a computer system.

A:

Q: What is the objective of a transaction log?

A: Auditing is a gathering of information and evaluation of evidence as to report on the degree of…

Q: Explain how an embedded audit module works.

A:

Q: Explain the transaction management system of delivery management system like pathao.

A: DMS (Delivery management software) is a digital logistics solution that is used for planning,…

Q: Define operating cycle.

A: Definition:   Merchandising businesses: Merchandising companies that buy goods from suppliers, or…

Q: Discuss the diffences between internal and external users of ingormation and their needs and demands…

A: Accounting Information System (AIS):   The system which helps to gather, store and process the…

Q: Define statement of operations.

A: Financial statements of an organization includes income statement, balance sheet and cash flow…

Q: explain hoe blockchains are structured using a block based structure.

A: Deep Dive into Blockchain's Block-Based StructureBlockchains have revolutionized data storage and…

Q: What are the key features of POS system

A: POS System: It helps in integration of sales monitoring, analytics and reporting, data management of…

Q: Explain how the SELECT and WHERE commands help a user to view the necessary data from multiple…

A:

Q: Name the major transaction cycles

A: In simple terms, the transaction cycle categorizes the basic business processes. It helps in…

Q: Explain what internal and external linkages are.

A: Interior linkage alludes to everything just in extent of an interpretation unit. Outside linkage…

Q: What do you mean by electronic data interchange?

A: Accounting information systems: Accounting information systems collect data from different events…

Q: Write up a transaction analysis chart from the given transaction.

A: Transaction analysis is the summary chart of all the transactions occurred during the month. The…

Q: Distinguish between a database lockout and a deadlock.

A: Definition: Database: The database is a collection of the data that is stored and accessed in…

Q: Name three components of a Transaction Processing System.

A: A Transaction Processing System is a set of information that processes the transaction data in the…

Q: Answer with this question

A: Step 1: Introduction to the Total Asset turnover:Total asset turnover is given as the sales divided…

Q: The key properties of a distributed ledger are: Question 3 Answer a . Time stamped b . Mutable c .…

A: The correct options are:a. Time-stamped:Each transaction is recorded with a timestamp to establish…

Q: Explain operating cycle.

A: Accounting:   Accounting is a system, or a process of collecting and organizing economic…

Q: What are the four basic backup and recovery features necessary in a database management system?…

A: Database preservation is a major priority activity since it involves a lot of confidential and…

Q: Describe the process of transaction analysis.

A: Process of Transaction analysis: The process of transaction analysis involves the selection of…

Q: Identify the following users as either an internal (I) or an external (E) user. Distribution manager

A: Users of the information: Users of information can be classified as internal and external users.…

Q: What do the relational features restrict, project, and join mean?

A: Database Management: Database management refers to management of databases held within an…

Q: Discuss transaction cycles.

A: A transaction cycle is an interlocking set of the  business deals. Utmost of these deals can be…

Q: Describe the two-tier client-server model.

A:

Q: Distinguish between batch and real-time processing.

A: Transaction process system:   Transaction process system can be defined as a system designed to…