2 edition of Rent accounting by computer;: A systems study found in the catalog.
Rent accounting by computer;: A systems study
Local Authorities Management Services and Computer Committee.
by Local Authorities Management Services & Computer Committee
Written in English
|The Physical Object|
|Number of Pages||22|
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2) Computerized systems are generally more accurate than manual systems.A company has a lease which requires that it pays its annual office space rent in advance on December 31 of each year. On a quarterly basis this expense totals $10, To account for this transaction how should the rent expense be recorded on the firm's books on January 1?This work of book–keeping is of clerical nature and usually entrusted to junior employees of accounts section of a business house.
Now-a-days, most of the book-keeping work is done through computers and other electronic devices. In fact, accounting is based on a systematic and efficient book .