Origin of Accounting
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Title: Origin of Accounting

Essay Details:

Subject: Business
Author: Wilfredo C
Date: April 16, 2013
Level: University
Grade: A
Length: 12 / 3600

Essay text:

Writing, for example, is as old as civilization itself, but arithmetic ?V the systematic manipulation of number symbols ?V was really not a tool possessed by the ancients. Rather, the persistent use of Roman numerals for financial transactions long after the introduction of Arabic numeration appears to have hindered the earlier creation of double-entry systems. Nevertheless, the problems encountered by the ancients with record keeping, control and verification of financial transactions were not entirely different from our current ones. Governments, in particular, had strong incentives to keep careful records of receipts and disbursements ?V particularly concerning taxes...

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