Describe the steps in recording and posting the effects of a business transaction and provide some examples of source documents used in these steps. A company begins a business transaction as a result of a management decision. The company transaction is evidenced by a source document. The information obtained from source documents provides a starting point to prepare a journal entry. After the journal entry is prepared, it is posted to accounts in the ledger. Some examples of source documents used in these steps are bills received from suppliers for goods/services rendered, bills sent to customers for goods sold/services performed, and cash register tapes.
I. Computer 's are an integral part of our daily lives. Just about anywhere you go, a computer is present. Hospitals, banks, even the gas pump you frequent, relies on computer 's to figure out how much gas you pump, how much it is per gallon, and where to get that money from. As you can see from this line graph, computer 's are in more demand than ever peaking at 350 million sold in a year. (Computer Sales Statistics)
There have been many advances since the initial invention of the computer fifty years ago. Today, computers operate many of the things that we use in everyday life. Some examples of these things are farm machinery, cars, planes, video games, heat and water delivery to our homes, banking, billing, and even the stock market. The advances of the computer have resulted in the
During the late 19th and early 20th centuries Science & Technology have grown-up a radical contribution to industry, and the personal computer has become a defining symbol of our age. In 1940, it was not recognized that Science & Technology would develop into an innovative way that would intensely affect business, trade, the monetary world, administration, discipline, education, communications, entertainment, and society as a whole. Today, information technology and its applications persist to go forward progressively. Computers and communication technology will become even more precious to civilization as they are ever more able to distinguish
This process is referred to as bookkeeping, which is simply entering each transaction that affects the financial position of the business in a ledger.
Education, Computer systems are used in education because more lessons and resources are now available online and in emails. Students have found to perform a lot better when they are using computers rather than without and have felt more involved in the lessons. Computers play a vital role in the modern business world, and many of even the most basic jobs involve technology and computers. Teaching students how to use computers help them prepare for any number of possible careers. There is a lot of educational software for young kids like Computer Classroom at Home which is a software package which helps kids with math, reading, spelling, and English this has been found to be very beneficial for young kids because software
Playing games on my father's computer as a child fascinated me in the way the computer works, how fast it develops, and now how the computer helps the world to communicate. It still amazes me in how fast computers change and how communication across the globe is enhanced with the computer. Computers have drastically changed how society lives and does business. Even small businesses can do global sales without leaving their location. With new strategies for business, comes cyber threats of identity theft and theft of intellectual property that brings information technology security and new laws into play. It is becoming a fast and ever challenging world. Computer science enables the ability to program software for protection against these kinds of threats and vulnerabilities. It also enables the ability to program artificial intelligence into the computer system software to enable society to meet their needs in more appropriate ways.
One of the main quality control processes used is the Statistical Process Control (SPC), which is a quality method that helps with engineering details in manufacturing plants. From start to finish, the SPC’s main job is to build efficient design into each of the manufacturing processes that goes on in the plant. Man-Machine Interfaces (MMIs) also allow manufacturing plants to correct problems as they occur. This allows a machine to tell a person if a product is defective (so that the product can be removed immediately), or whether or not a machine is malfunctioning. This allows workers to keep the manufacturing plant running by stopping problems early on. Another way manufacturers can ensure quality in products is to stay up to date with technology. Advanced technology creates better machines, and a better machine yields better efficiency when making
There is an explosive Internet growth of technology with in every society, offerings for people to become more unique as an opportunity, to engage within ourselves, as citizens, within our economic and civic lives. In reality, our computers very well became very essential in the workforce and within our workplaces. Computers, also have become into existence in all our schools, colleges and universities, as students are made aware of literacy about computer information systems. Normally entered a curriculum, a form of an introduction to the new hardware and software about computer vocabulary of bits and bytes, using computer courses. These
Technological advancements have created new opportunities for individuals, organizations and societies. The contemporary society has taken the use of the computer hardware and software so seriously that organizations that have not embraced the platform are considered irrelevant in the highly busy and competitive contemporary business environment. Opportunities as well as challenges have been created to organizations and individuals by the advances of the new technologies creating new and advanced computer hardware and software. With these advances, human beings are becoming increasingly over-dependant on the use of the computers. Many tasks that
In this compare and contrast essay the graphics, RAM or random–access –memory, connectivity, optical drive, storage, and price were identified and explained in detail on the computers that were in question of purchasing for a company. The three computers examined for purchase by the company were the Hewlett Packard Compaq 6300 Small Form Factor desktop Personal Computer, the Hewlett Packard Compaq 8300 Elite Small Form Factor desktop Personal Computer, and the Hewlett Packard 21 All-In-One workstation w/400W 90% Energy Efficient Chassis Personal Computer. It is determined that the Hewlett Packard 21 model is the
The personal computer has been credited for many of its strengths. A PC is easy to shop for, since most computer retailers rely heavily
In our societies today, no one could really predict the actual effects of computers, but the changes that have taken place on the people’s daily lives are actually evident. The manner in which people over depend on the computers technology has rapidly increased and has brought several changes on the economic sector, political sector, and the education sector. The computers could possibly isolate from each other. They could also alter the face-to-face communication between people(Misa 52-63). This paper focuses on the discussion about the effects of computers on the world.
The computer is essential to facilitate workers to work with high efficiency. In all of the workplace, it is the wide widespread use of computer technology. Accountants use soft wares to audit the company’s book that without hand computation also can get a correct result. The functions of computers are diversified that including calculation, painting, design and writing. Secretaries could write and print reports on computer which saves working time and help boss to absorb it carefully. Lawyers could research law provision with computer instead of books. In addition, computer can help developers to tidy numerous files. Computer could help workers to manage files according to time, location or
Computer technology has been a great help to the improvement of one’s life. Most establishments, corporations and institutions had developed their own use of such technology to help themselves work more efficiently with less time and effort, resulting in better production, profit, and a more satisfied clientele.