Question: In this chapter you learned about a basic manual accounting information system. Computerized accounting systems range from the very basic and inexpensive to the very

In this chapter you learned about a basic manual accounting information system. Computerized accounting systems range from the very basic and inexpensive to the very elaborate and expensive. Even the most sophisticated systems are based on the fundamental structures and relationships that you learned in this chapter. Instructions Go to the book companion site for this text, www.wiley.com/college/weygandt, and review the demonstration that is provided for the general ledger software package that is used with this text. Prepare a brief explanation of how the general ledger system works—that is, how it is used, and what information it provides.

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