Some people believe database technology may eliminate the need for double-entry accounting.This creates three possibilities:

(1) the double-entry model will be abandoned

(2) the double-entry model will not be used directly, but an external-level schema based on the double-entry model will be defined for accountants' use, or

(3) the double-entry model will be retained in database systems.

Which alternative do you think is most likely to occur?Why?