based on function of accounting ,describe history and evolution of budgeting,recording and analysing
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The Evolution of Accounting and Accounting Terminology
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The Evolution of Accounting and Accounting Terminology
By INVESTOPEDIA Updated Apr 24, 2020
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What Are the Origins of Accounting?
Understanding Accounting
What Are the Origins of Accounting?
Accounting is more than just the act of keeping a list of debits and credits. It is the language of business and, by extension, the language of all things financial. Our senses collect information from our surroundings that our brains then interpret; accountants translate the complexities of finance into information that the public can understand. In this article, we will follow accounting from its roots in ancient times to its modern equivalent.
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