Explain how REA databases are able to support financial statement reporting when they do not employ journals

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Explain how REA databases are able to support financial statement reporting when they do not employ journals and ledgers.

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Accounting Information System

ISBN: 9781439078570

7th Edition

Authors: James A. Hall

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Question Posted: Nov 28, 2012 07:32 AM

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Explain how REA databases are able to support financial statement reporting when they do not employ journals

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Journals ledgers and doubleentry bookkeeping are the traditional mechanisms for formatting and ...View the full answer

Accounting Information System

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