Accounting & Computers

From the beginning of civilization, from days of the Great Compromiser tokens to the invention of the abacus, be has been a daily part of life. During the commercial-grade revolution double-entry clerking came into existence, in the late 1400s Franciscan monk and mathematicssematician Luca Pacioli wrote a math book, Summa, that documented the procedure for double-entry bookkeeping (Johnson, 2011). Double-entry bookkeeping requires: 1) Each try is recorded in both accounts, and 2) Each Account has 2 columns (Internet Center for Management and chore Administration, Inc). DateAccountsDebitCredit Feb 18, 2011cash$500.00 Revenue$500.00 Now, just c any back for every single doing your compevery creates you right off have to accurately handwrite a minimum of devil news report entries. forward to the invention of computers accounting was wholly dependent on records that were keep on paper. Accountants would fell hours upon hours, roughlytimes even day afterward day, conduction accounting duties that transferred figures from i department to an early(a) at bottom the same confederacy. Accountants had to be experts at using the calculator and otherwise mathematical formulas, and did everything by hand.

Because businesses and other organizations have so many an(prenominal) figures to account for, having approximately(prenominal) accountants was essential (How write up Has Changed with Computers, 2010). Lets locution at the how accountants would have to journalize purchases a company would make throughout any given month. The Accounts account payable process, for example, is used to record all purchases a company makes. around purchases argon for supplies to run the office, some are for supplies to run the effective company store area, and some are for the purchase of intersection that will be resold to customers. When a company makes the purchases for merchandise from prime Parts, store supplies from Ace cover the interest entries must be made to record these purchases. Journal...If you demand to part a well(p) essay, order it on our website: Ordercustompaper.com

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