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What is the accounting information system? What are the 3 principles of efficient and effective accounting information systems? What are some common features and benefits

What is the accounting information system?

What are the 3 principles of efficient and effective accounting information systems?

What are some common features and benefits of quality entry-level accounting packages?

Explain ERP?

What is a subsidiary ledger?

Give two examples of a subsidiary ledger

What type of information is recorded in the sales journal?

What information is kept in the Cash receipts journal?

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