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  • A Brief Timeline of The History and Evolution of Accounting

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    Mila Tan
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    Accounting has existed for over 7,000 years, beginning in Ancient Mesopotamia where early records showed lists of expenditures, goods received, and traded. Writing, counting, and the use of money were closely tied to accounting's development during this early phase. Accounting further evolved between the 4th and 3rd millennium BC in ancient civilizations.

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    A Brief Timeline of the History and Evolution of Accounting

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    Accounting has existed for over 7,000 years, beginning in Ancient Mesopotamia where early records showed lists of expenditures, goods received, and traded. Writing, counting, and the use of money were closely tied to accounting's development during this early phase. Accounting further evolved between the 4th and 3rd millennium BC in ancient civilizations.

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    © All Rights Reserved
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    4 views1 page

    A Brief Timeline of The History and Evolution of Accounting

    Uploaded by

    Mila Tan
    Accounting has existed for over 7,000 years, beginning in Ancient Mesopotamia where early records showed lists of expenditures, goods received, and traded. Writing, counting, and the use of money were closely tied to accounting's development during this early phase. Accounting further evolved between the 4th and 3rd millennium BC in ancient civilizations.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    A Brief Timeline of the History and Evolution of Accounting

    Ancient Civilization- 7000 years ago in Ancient Mesopotamia, an early phase of accounting is
    believed to have begun through documents that show lists of expenditures, and goods received
    and traded. During this early phase of accounting, writing, counting, and money was closely
    related to it as it enabled development for the practice. Later in between 4th and 3rd millennium
    BC

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