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The fundamental accounting equation, also called the balance sheet equation, is the foundation for the double-entry bookkeeping system and the cornerstone of the entire accounting science. Like any equation, each side will always be equal. In the accounting equation, every transaction will have a debit and credit entry, and the total debits ...
A spreadsheet is a computer application for computation, organization, analysis and storage of data in tabular form. [1][2][3] Spreadsheets were developed as computerized analogs of paper accounting worksheets. [4] The program operates on data entered in cells of a table. Each cell may contain either numeric or text data, or the results of ...
In accounting, a worksheet is, or was, a sheet of ruled paper with rows and columns on which an accountant could record information or perform calculations. These are often called columnar pads, and typically green-tinted. In computing, spreadsheet software presents, on a computer monitor, a user interface that resembles one or more paper ...
Accounting. An accounting information system (AIS) is a system of collecting, storing and processing financial and accounting data that are used by decision makers. An accounting information system is generally a computer-based method for tracking accounting activity in conjunction with information technology resources.
Accounts clerk. v. t. e. Double-entry bookkeeping, also known as double-entry accounting, is a method of bookkeeping that relies on a two-sided accounting entry to maintain financial information. Every entry to an account requires a corresponding and opposite entry to a different account. The double-entry system has two equal and corresponding ...
AME stands for Accounting Made Easy. The General Ledger software implements a double-entry bookkeeping system, and all modules can post entries to General Ledger. The General Ledger software features comprehensive reports, that include Income Statement, Balance Sheet, Cash Flow Statement, Trial Balance Worksheet.
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