GIVE EXAMPLES OF COMPUTER APPLICATIONS IN ACCOUNTING January 1, 2011 by Some of the common computer applications in accounting are: FINANCIAL ACCOUNTING: Sales ledger Purchase ledger General ledger Payroll records Stock records Financial statements like trading & profit & loss account (income statement) & balance sheet MANAGEMENT AND COST ACCOUNTING: Costing calculations and costing records Forecasting or budgeting Estimating job costs Project appraisal Credit control