The Nine Steps of Accounting Cycle CheckPoint Step 1 in the accounting process is to analyze the transactions. This would include revenue‚ expenses‚ etc.‚ anything that the company received or paid during the time period. Step 2 is to journalize these transactions. To take the information and correctly post each transaction with a debit and credit line item. Step 3 is to post the journal information into an accounting ledger that shows all of the line items as totals in their respective
Premium Double-entry bookkeeping system Bookkeeping General ledger
INPUT DEVICES 1. Where does the name QWERTY keyboard come from ? The name QWERTY comes from the first six letters on the top row of the alphabet keys. 2. Why do think the QWERTY keyboard is the most popular method of data entry? The QWERTY keyboard is the most popular method of entering data because an easy way of usage and when you get used to it you start typing faster 3. Who might make use of a concept keyboard? A concept keyboard might be used by a fast food restaurant
Premium Input device Video game Light
The important path November 11‚ 2012 English 212 We would all like to be in control of our lives or be the decision makers of our day to day living‚ with that; we all need a good education and a strong background. We all have goals growing up of being doctors‚ lawyers‚ fire fighters or even an explorer‚ who has great adventures like Indiana Jones. These dreams all must start from somewhere in reality. Just like the plot of a movie‚ it all must start somewhere‚ which brings me to my subject‚ why
Premium Higher education University Education
Input Devices QWERTY Keyboard The keyboard is the most common type of input device. In other countries‚ the keyboard layout is different due to their different language and characters. There are some variations of keyboards to the normal keyboard. Some are wireless which means that no wire is required to connect it to the PC; and some have ergonomic design‚ which have a special design in order to reduce muscular stress on the user. Mouse The mouse is a pointing device which is used to move
Premium Input device Mouse
Data Input Methods Optical data readers The best data input method for printed questionnaires would be Optical Data Readers. Optical Data Readers are a special type of scanning device to be used on documents. Optical Data Readers fall under two categories‚ optical mark recognition (OMR) and optical character recognition (OCR) (Stair‚ R.‚ Reynolds‚ G.‚ 2004). Printed questionnaires which‚ for instance‚ can be used for surveying groups of people regarding a particular subject can utilize OMR through
Premium Hard disk drive Computer data storage Floppy disk
Individual Assignment #1: The Accounting Cycle Bob’s Chocolate Chips and More‚ a bakery specializing in gourmet pizza and chocolate chip cookies‚ started business on October 1‚ 2011. The following transactions occurred during the month. 1. The company issued 6‚000 shares of common stock at $15 per share. 2. The company acquired office equipment on October 1 for $30‚000 cash. The equipment was used for administrative tasks. 3. The company purchased $15‚000 of ingredients on
Premium Balance sheet Generally Accepted Accounting Principles Depreciation
Theory Notes Task: Output Devices Make sure that you are familiar with all of the information detailed in this booklet. There are a number of tasks for you to carry out‚ be sure to read the information fully whilst completing the tasks. You could be asked about any of this in the test! Use the theory notes in from the teach-ict.com site to help you complete this booklet. TASK 1: OUTPUT DEVICES Output devices let you see data that has been processed or is stored on the hard disk
Premium Inkjet printer Hewlett-Packard Personal computer
The Output Approach The Output Approach focuses on finding the total output of a nation by directly finding the total value of all goods and services a nation produces. Because of the complication of the multiple stages in the production of a good or service‚ only the final value of a good or service is included. This avoids an issue often referred to as "double counting" - when the total value of a good is included in the national output in several stages of production. In the example of meat
Premium Value added Economics Gross domestic product
monetary payments such as the costs of materials and labour. Accounting costs include only explicit costs. Implicit costs are costs that do not involve monetary payments such as the costs of the owner’s labour and financial capital. Economic costs include both explicit costs and implicit costs. Economists are concerned with economic profit and hence economic costs. An increase in output will require an increase in the quantity of factor inputs which will lead to an increase in costs. The theory of cost
Premium Costs Economics of production Economics
Other than the monitor‚ we also have the printer which is also an output device. A printer generally translates information that has been processed by the system unit and presents the information on paper. As students‚ we really benefit from such device for in times of projects‚ reports‚ and assignments we greatly rely on such output which we refer to as hard copy. There are five features of a printer ---- its resolution‚ color‚ speed‚ memory and duplex printing. Resolution is the measure of the
Premium Inkjet printer