Question
Accounting software is an integral part of the computerised accounting system'. Explain.
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Answer
The accounting software does form an integral part of the Computerised Accounting Systems. The accounting software should be selected after considering the level of skill and proficiency of the accounting professionals. This is one of the important aspects that should be taken care of before introducing Computerised Accounting Systems, as the accounting professionals are responsible for accounting and the not computers.
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The Trial Balance of a retail trader on $31^{st}$ March, $2019$, includes the following selected account:
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| ₹ | |
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