"Single-entry accounting" actually records time and simple income and expenditure. It will be confusing when encountering large flows or non-advanced income and expenditure.
The first "compound accounting" to appear in history was the "Heaven and Earth Combined Account" invented by Shanxi merchants, also known as the "Longmen Four-legged Account". The most basic principle is: "What comes must go, and the coming and going must be equal." Generally speaking, there is a distinction between "what should be paid in and what should be deposited."
In short, "single-entry accounting" records time, and "compound accounting" records categories.
If large businesses used time to record accounts, not only would the process be cumbersome, but looking through old accounts would reveal a pile of bad and dead accounts. Therefore, in the late Qing Dynasty and early Republic of China, the rapid development of private capital gave rise to the more convenient "Longmen Account" and "Four-foot Account".
He Xianjin, who studied business and had a family business, started from a small point. He roughly made the funeral expenses of He Ainiang into the form of a "Longmen account" and demonstrated to Madam Qu that accounts could be recorded in this way.
Simply put, He Xianjin is using the wisdom of later generations to crush their predecessors, and using the development of the times condensed over a long period of time to bully the old times with their narrow vision and backward development.
Well, it’s not bright, but it’s quite upright.
Not recommended, but works well.
Madam Qu gently closed the account book and squinted at the thin and fresh-looking girl below her. "You...you want to be an accountant?"
He Xianjin pursed his lips and said softly, "I can be an accountant."
I can also be more than just a bookkeeper.
"Just like you, you can be the leader of the huge Chen family, you can lead the Chen family from Jing County to Xuanzhou, you can use the strength of your entire family to provide an official position and transform the Chen family."
He Xianjin's tone gradually became firm, "Rather than marrying an accountant, I can be an accountant."
"You can just give me a random bad account book, and call the accountant from the mulberry paper mill in the east end of the city to compete with me to see who can calculate faster and who can do the account more accurately."
As soon as He Xianjin said this.
Old Madam Qu was the first to glance at Sun.
Sun's face suddenly turned pale.
God is my witness!
She was just starving He Xianjin of food and hadn't started forcing He Xianjin to marry!
Continue read on readnovelmtl.com
