Date:03.09.2016, 18:23 Said balance sheet is then printed out. The processing unit has also an algorithm for storing the updated collection on magnetic tape and also on other available information storage means, like floppy disk, bubble memory, etc. According to the invention the machine has a processing unit which memorizes the initial collection after it has been entered through the input device. Another input device, like a keyboard, is used to enter the code and monetary amount of a document describing business transaction which has not yet been reflected in the initial collection. The machine also has an output device providing a printout of this income statement. The processing unit of the invented machine is also capable of memorizing entered attributes of a document of business transaction. DISCLOSURE OF THE INVENTION The invention relates to financial business systems and, more specifically, to data processing methodology and apparatus for effecting an improved bookkeeping and accounting system. It is an object of the present invention to provide an improved bookkeeping and accounting system.
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