Examlex

Solved

The Equipment That Processes Data in Order to Create Information

question 10

Multiple Choice

The equipment that processes data in order to create information is called the ________.


Definitions:

Debited

An accounting entry that increases an asset or expense account, or decreases a liability or equity account.

Cash Receipts

The collection of money, including coins, notes, cheques, and electronic transfers, by a business from transactions involving goods or services.

Cash Account

A financial account that records cash transactions, including receipts and payments of cash.

Debited

A term used in accounting to indicate a transaction that increases an asset or expense account, or decreases a liability or equity account.

Related Questions