Question: Recently, a new student of accounting was overheard making the following remarks: Why are we learning
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Question: Recently, a new student of accounting was overheard making the following remarks: "Why are we learning how to use the double-entry system of recording in the accounting cycle? Surely there are good computer packages available these days which can handle all of these details." Required: write an essay addressing the following: a) Discuss at least 5 advantages provided by computer packages in the field of accounting. Give examples wherever applicable. b) Given the benefits provided by computerized systems, critique whether it is still necessary to learn manual double-entry accounting systems. State reasons to support your answer.
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