CBSE Class 11-commerce Answered
Manual and computer accounting
Asked by rajawatanuj100 | 26 Jun, 2019, 02:53: PM
Expert Answer
Following are the points of comparison between Manual and Computerised Accounting:
- Recording, posting, adding, subtraction and totalling of the various transactions is done using the mathematical functions in case of Manual Accounting. On the other hand, in computerised accounting, all such functions except for recording are carried out automatically without any command.
- When accounts are maintained manually, they are to be summarised and presented in the form of a Trial Balance to be used for further use. However, when computerised accounting is followed, all such reports and summaries are produced directly by the internal sorting and classification function.
- In case of manual system of accounting, all the statements in the set of financial statements are prepared manually. However, in case of computerised accounting, it is done automatically in the form of computer generated reports.
Answered by Surabhi Gawade | 27 Jun, 2019, 09:45: AM
Concept Videos
CBSE 11-commerce - Accountancy Part II
Asked by Vishalfury111 | 25 Mar, 2020, 11:54: AM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part II
Asked by rupareliyahari1234 | 12 Feb, 2020, 10:15: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part II
Asked by jhakanishka480 | 24 Jan, 2020, 10:09: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part II
Asked by satop5talks | 29 Dec, 2019, 10:14: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part II
Asked by Monjolika732 | 29 Dec, 2019, 05:54: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part II
Asked by anjli.saxena2003 | 22 Dec, 2019, 01:50: AM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part II
Asked by jhakanishka480 | 20 Dec, 2019, 12:32: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part II
Asked by 123paldhruv | 15 Dec, 2019, 10:51: PM
ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part II
Asked by malharsaxena | 25 Nov, 2019, 02:15: PM
ANSWERED BY EXPERT