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History of Accounting This paper will inform you on the history of Accounting, from the beginning to the present. Even how the idea of Accounting came into existence and how it’s changed throughout time to become one of today’s mainstream jobs for the workplace. Accounting is one of the oldest professions that there is. In fact, since prehistoric times families had to account for food and clothing. The first record of currency began with tokens in shapes to symbolize certain commodities such as grain, and other items people needed for everyday living. These methods were used for over 5000 years, before the first writings were found. Evidence of accounting records can be found in the Babylonian Empire (4500 B.C), in pharaohs Egypt and in the Code of Hammurabi (2250 B.C). Eventually, keeping records became a necessity for governments to sustain social order. Now, it is the time of the Renaissance and the accomplishments of man are coming to new heights.
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