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AlekseyPX
2 years ago
15

What are some benefits of using computers for accounting purposes?.

Business
1 answer:
Dimas [21]2 years ago
6 0

9 Advantages to Using Computerised Accounting Systems

Automation. To make sure that all calculations are correct and accurate it is important to use something other than pen and paper. ...

Data Access. ...

Accuracy. ...

Reliability. ...

Speed. ...

Security. ...

Scalable. ...

Visuals.

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For preparing the retained earning statement first we have to determine the net income or net loss which is shown below:

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