Teknolohiya Nakakabuti O Nakakasama?

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Teknolohiya Nakakabuti O Nakakasama?

By | Feb. 2012
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ACCOUNTING
The language of business.
Provide the information necessary to the organization’s management to enable to plan and control its business activities. The primary means of communicating business information.
Definitions of Accounting
Is an art of recording, classifying, summarizing in a significant manner and in terms of money, transactions and events which are in part at least of financial character , and interpreting the results thereof. Is a service activity. Its function is to provide quantitative information, primarily financial in nature, about economic entities that is intended to be used in making economic decisions.

Is the process of identifying, measuring, and communicating economic information to permit informed judgments and decisions by users of economic information.   Is an information system that measures, processes and communicates financial information about an identifiable economic entity.   Primitive accounting

8500 B.C. Mesopotamia- Modern Iraq Clay tokens – cones, disks, spheres and pellets Token representation such commodities as sheep, jugs of oil, bread or clothing. Bullae – clay balls, the first bill of lading Ancient civilization- China, Babylonia, Greece, and Egypt. Code of Hammurabi- law that requires merchants trading goods to give buyers a sealed memorandum containing the agreed price before it can be enforceable. Oldest skills        Middle ages Development of more formal account keeping methods is attributed to the merchants and bankers of Florence, Venice, Genoa during the 13th to 15th centuries. double entry  bookkeeping is not a discovery of science, it is the outcome of continued efforts to meet the changing necessities of trade. Fra Luca Pacioli- the father of double entry accounting. Nicolas Petri- the first person to group similar transactions in a separate record and enter the monthly totals in the journal, rather than recording all transaction seriatim, that is, in a series. Pacioli’s Double Entry Bookkeeping...
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