Assets : As assets are placed on the debit side so initial entry of asset is obviously debited. When there is an increase in asset it will be added into the previous figure by writing under the first figure i.e., on debit side and if a figure is to be subtracted it will be recorded … Read more

Assets : As assets are placed on the debit side so initial entry of asset is obviously debited. When there is an increase in asset it will be added into the previous figure by writing under the first figure i.e., on debit side and if a figure is to be subtracted it will be recorded … Read more

Computers are classified as Notebook Computers: These are used for word processing, spreadsheet computing, data entry, preparing presentation materials and making presentations. Personal Computer: They are used to meet the personal computing needs of individuals and support multitasking, which eases user operation and saves lots of time. Workstation: This is a powerful desktop computer, which … Read more

There are four basic components of information system. These are people, equipment, procedures and data. Capabilities expected from an information system are transaction processing system, decision support system, executive information system, management information system, work flow system, enterprise resource planning and expert systems. Some of the  trends in IT development are semiconductor technology, information storage, networking … Read more

The computer system is a data processing machine. It comprises hardware that carries out data processing and consists of several components. These components are input, processing, output and storage. Data is entered into the computer using input devices, then processing is carried out by the processor, output is displayed by output devices and finally data … Read more