What is a Entrie Journal in accounting

Q: What is Accounting Information System?

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

Q: What information is each type of document supposed to provide?

A: Answer: There are different types of documents which provide various information.

Q: What about the transactions in general journal

A: Introduction:- A general journal is used to record of a company’s financial transactions. It play…

Q: The general journal organizes accounting information in:

A: In any business entity , whenever any event occurs or a transaction takes place it is recorded in a…

Q: What are the objective of any accounting system?

A: The accounting information system is software in which inputs are added in the form of sales or…

Q: nciples of accounting

A: Principles of accounting are the rules and regulations that must be pursued by an organization when…

Q: you agree or disagree upon accounting debits and credits as an information system?

A: Debits and Credits 1) An account shows the effect of transactions on a given asset, liability,…

Q: What would the journal entry be?

A: A pension plan is usually an agreement between the employer and employee wherein, the employer…