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For more free ice questions, notes and free answers, visit http://www.gcerevision.com or download our app \” Kahlo\” on playstoreINTERNATIONAL FINANCIAL ACCOUNTING/COMPUTER AIDED ACCOUNTING 2

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What is computer aided accounting?

Computer aided accounting is the use of software and digital tools to assist with financial record keeping, analysis, and reporting.

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To fill out computer aided accounting, users will enter financial transactions into the software, categorize them correctly, and generate reports or statements as needed.

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The purpose of computer aided accounting is to streamline financial record keeping, improve accuracy, and make it easier to generate financial reports.

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All financial transactions, income, expenses, assets, liabilities, and equity must be reported on computer aided accounting.

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