Your friend presents the following criticism of the accounting system: Accounting involves so much duplication of effort.
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Your friend presents the following criticism of the accounting system: “Accounting involves so much duplication of effort. First, entries are recorded in a journal; then the same information is recorded in a ledger. No wonder accountants work such long hours!” Do you agree with this criticism? Explain.
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Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1133161646
7th Edition
Authors: Gary A. Porter, Curtis L. Norton
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