The Significance of the Matrix Form in Accounting (Classic Reprint) - Softcover

Linn, James John

 
9781334408328: The Significance of the Matrix Form in Accounting (Classic Reprint)

Synopsis

Excerpt from The Significance of the Matrix Form in Accounting

The real significance of the matrix form in accounting is analytical insight not operational use. Pictorially and conceptually we have been given a new and a different view of traditional accounting. In order to illustrate this it is necessary to emphasize certain aspects of traditional double entry bookkeeping first.

In current bookkeeping practice we start with a mass of unsorted data, the journals, and sort this data via the ledgers, into the final form we desire.

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