Decades ago, accountants kept financial records manually, using paper and pencil to enter transactions. Accounting machines followed by increasingly complex technology served the needs of businesses ...

Before the advent of fast and cheap computers, accounting traditionally was processed manually with all transactions recorded in columnar papers and kept in voluminous binders. Once computers became ...

A computer is a programmable device that can automatically perform a sequence of calculations or other operations on data once programmed for the task. It can store, retrieve, and process data ...