Study 17 Bacteria Ultrastructure (Lec. 37) flashcards from Emily W. on StudyBlue.
As a part of transactional records, transactional data is grouped with associated master data and reference data. Transactional data records a time and relevant reference data needed for a particular transaction record.
This chapter gives a brief description of how transactions are recorded in accounting systems, including the use of codes to define information precisely. Recording transactions. Transactions are first recorded in the books of prime entry and then recorded on the ledger system. A prime entry record (or book of prime entry) is where a transaction is first recorded. These records consist of: The cash book: this records amounts paid into and out of the bank account