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Why is recording of daily sales and expense transaction important?
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What are the essential in Transaction Processing System?
transaction processing system are computerized system that perform and record the daily routine transaction necessary to conduct business
What statements best describes journalizing transaction?
Journalizing must be done daily.
What is a computerized system that performs and records the daily dealings necessary to conduct business is classified as a?
transaction-processing system.
Define accounting standards?
The radiation standards is very important to us in our daily lives!!! The radiation standards is very important to us in our daily lives!!! The radiation standards is very important to us in our daily lives!!! The radiation standards is very important to us in our daily lives!!!
Example each of a cash and credit transaction?
An example of a Cash transaction would be: I walk into a Supermarket and pick out something for $1.00. I go to the register and pay with 1-$1.00 bill. This is an example of a "cash" transaction.A credit transaction which is also a "Debit" transaction, is a transaction where the POS (Point of Sale) electronically withdrawals money from the card holders account to be paid once your Financial institution processes your daily transactions.An example of Credit transaction would be: I walk into a Supermarket and pick out something for $50.00. I only have $10.00 in cash on hand so I pull out my Credit/Debit card and swipe it at the register.
Is daily cash transactions legal?
yes it is legal for daily transaction
What are the essential in Transaction Processing System?
transaction processing system are computerized system that perform and record the daily routine transaction necessary to conduct business
What date did daily weather temperature recording start?
1873
Kept a diary recording daily events?
Samuel Pepys
What statements best describes journalizing transaction?
Journalizing must be done daily.
Which information system answers routine questions about daily business transactions?
transaction processing system
What does it mean if someone is observing you?
well i guess it means they are recording your daily activities. Stalking?
Why marketing is important in daily and working life?
important of marketing in our daily life
Why addition and subtraction are important in our daily lves?
why addition & substraction important in our daily life
What is a computerized system that performs and records the daily dealings necessary to conduct business is classified as a?
transaction-processing system.
What is accrual accounting?
Accrual Accounting refers to the recording of financial transactions once an economic event has happened and is not based on the movement of cash. For example, in Accrual Accounting if you have office rent of $1000 per month, you would record the expense of $1000 each month, regardless if you have actually paid the rent or received an invoice from the landlord. Most individuals (you and me) live our daily lives in the cash basis of accounting. We we get our paychecks we have revenue, when we pay our car note we have expense.
Why does your ATM receipt say transaction not allowed?
either not enough money in the account or withdrawing over the allowed daily limit
