Shown in the Accompanying Figure, A(n) ____________________ Controls How Data

question 59

Short Answer

Shown in the accompanying figure, a(n) ____________________ controls how data or instructions are entered and how information and processing options are presented.

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Definitions:

Post-closing Trial Balance

A financial statement prepared after all adjusting and closing entries are made, showing account balances ready for the next period.

Notes Payable

Written promises to pay a specific sum of money on a certain date or dates, classified as a liability on the balance sheet.

Service Revenue

Income earned by a company for services rendered to clients or customers.

Unearned Service Revenue

Refers to the money received by a company for services it has yet to render.