Source Documents:
A source document is the root of all the documents through which the documents which are related to the source document can searched very easily like Invoice of suppliers. Based on the invoice of a particulars supplier, information regarding the transaction, inventory, credit, discounts, etc. can be recognized very easily.
Input Devices:
The devices which are used to insert the data or information in the computer is called an input device like keyboard, mouse, scanner, barcode reader, digital camera, etc.
Information Processors:
The devices dedicated towards drawing the results by processing the data provided through input devices for the user are called information processors.
Information storage:
Information storage here means accumulation of all the accounting information in one place in an order for the future use.
Output Devices:
The computer devices which help in realizing the command provided by user are called output devices like monitor, printer, speaker, etc.
To determine:
Identifying the most likely role in accounting system played by each of the numbered items number from 1 through 10 by assigning a letter from the list through E on the left.
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Chapter 7 Solutions
Fundamental Accounting Principles -Hardcover
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