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Match the items below by entering the appropriate code letter in the space provided. Transactions are journalized and posted by hand. Used to record high
Match the items below by entering the appropriate code letter in the space provided. Transactions are journalized and posted by hand. Used to record high volume, similar type transactions. Integrate all aspects of the organization, including accounting, sales, and manufacturing. Collects and processes transaction data and communicates financial information. Group of accounts with a common characteristic which provides detailed information. A subsidiary ledger that contains individual customer accounts. Software programs that integrate various accounting functions. The accounting system should accommodate a variety of users. Benefits of information must exceed the cost of providing it. A general ledger account which summarizes detailed information in a subsidiary ledger. Cost effectiveness 2. General ledger accounting system 3. Accounting information system 4. Special journals 5. Control account 6. Flexibility 7. Manual accounting system 8. Subsidiary ledger 9. Accounts receivable ledger 10. Enterprise resource planning systems
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