A Very Brief History of Accounting Accounting or accountancy is these days thought to go back to the genesis of writing; the earliest discovered texts have been deciphered as simple lists of the counts of animal and food stock.
Create an account to get more Track your progress Review and track your learning through your OpenLearn Profile. Statement of participation On completetion of a course you will earn a Statement of participation.
Access all course activities Take course quizzes and access all learning.
Review the course When you have finished a course leave a review and tell others what you think. Copyright information Creative commons: The Open University is proud to release this free course under a Creative Commons licence.
However, any third-party materials featured within it are used with permission and are not ours to give away. These materials are not subject to the Creative Commons licence. Full copyright details can be found in the Acknowledgements section of each week.
For further information, take a look at our frequently asked questions which may give you the support you need. Take a look at all Open University courses.
If you are new to university level study, find out more about the types of qualifications we offer, including our entry level Access courses and Certificates. Not ready for University study then browse over free courses on OpenLearn and sign up to our newsletter to hear about new free courses as they are released.
Every year, thousands of students decide to study with The Open University.We are Chennai based leading company engaged in supplying of electrical and automation systems for various industrial segments. Hindustan Automation Solutions has always been a customer oriented firm which makes sincere efforts to manufacture and supply latest and useful software and hardware for its valuable clientele across India.
Today's world revolves around high technology & most. The left side of the T account is called a debit, and the right side is called a credit..
Debit is the left side of a T account.. Credit is the right side of a T account.. Often these two terms are abbreviated as Dr and Cr. It is common to say that an account has been debited when an amount is placed on the left side of an account, and credited if an amount is placed on the right side of the.
The main difference between single entry system and double entry system of bookkeeping is that single entry system, in single entry system incomplete records are maintained while in double entry system complete recording of transactions is there.
Conclusion. A person of little accounting knowledge can maintain records as per single entry. In this article I want to take a look at a reader’s recommendation on improving the Double Sevenstrategy.
If you recall, the Double Seven strategy is a . Introduction to Bookkeeping and Accounting, Assets, liabilities, I&E and the Accounting equation. Join Dennis Taylor for an in-depth discussion in this video, Exploring data entry and editing techniques, part of Excel Essential Training.