Ask an entrepreneur in your neighborhood to discuss his or her accounting system. Write a one-page essay

Question:

Ask an entrepreneur in your neighborhood to discuss his or her accounting system. Write a one-page essay about the pros and cons of the system and use it to make an oral report to the class.

Would you rather keep your financial records in an accounting ledger or on your computer? Why? In each case, how would you protect your records from being lost in a disaster, such as a fire, or, in the case of the computer, a hard-drive crash?

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