Begins business and hires administrative assistant. What accounts are affected
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Begins business and hires administrative assistant. What accounts are affected
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- Explain Staff Accounting Bulletins.Which of the following is least likely to be an attribute of an employee table in a normalized database?a. employee nameb. employee addressc. employee numberd. employee supervisor’s namee. all of these would be attributes of the employee table in a normalized database.What account type is office expense
- Compare and contrast a manual accounting system for processing customer transactions. Include an explanation of how the accounts receivable subsidiary ledger compares with the Customer Center.All records in a file must be uniquely identifiable in at least one attribute, which is its primary key. Drawing on your general knowledge of accounting, identify the primary key for the following types of accounting records. To illustrate, the first record is done for you.Record Type Primary KeyAccounts Receivable Customer Number Accounts Payable Inventory Customer Sales Orders Purchase Orders to vendors Cash Receipts (checks) from customers Cash Disbursements (checks) to vendors Employee Payroll Earnings recordsplease explan details
- 5. Who controls user access and monitors user activity? A. Individual users B. Master Supervisor C. Comptroller D. Master Administrator 6. What account type is considered a liability? A. Fixed Assets B. Accounts Receivable C. Bank D. Accounts Payable 7. Opening balances are entered: A. via the Gear menu B. on the day the expenses were incurred C. on the Chart of Accounts D. as a Journal Entry or directly into the account registerThe General Ledger How does posting journal entries work in a computerized accounting system? What does it mean when posting is done automatically? Explain.Master data store Reason(s) for checking Master data store Customer Accounts receivable Inventory
