Explain the similarities and differences in the flow of information through the

Question

Explain the similarities and differences in the flow of information through the income and expense accounts and the effect on the Statement of Financial Performance in a manual versus a computerised accounting information system. Explain the similarities and differences in the flow of information through the income and expense accounts and the effect on the Statement of Financial Performance in a manual versus a computerised accounting information system. Explain the similarities and differences in the flow of information through the income and expense accounts and the effect on the Statement of Financial Performance in a manual versus a computerised accounting information system.

Explanation / Answer

Similarities between Manuel and Computerized Accounting Information System:

Differences between Manuel and Computerized Accounting Information System:

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