A Short History of Accountants and Accountancy (Classic Reprint)

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Excerpt from A Short History of Accountants and Accountancy These inconveniences led to the adoption of what economists call a unit of value, that is, some article in which the worth of all other articles can be measured. Some particular commodity is selected which all will be willing to receive in exchange for their own goods, because thev know that they will be able later on to exchange it with someone else for another article. Any commodity which becomes an object of general desire, and which all are willing to accept ...

A Short History of Accountants and Accountancy (Classic Reprint) 2017, Forgotten Books

ISBN-13: 9781330327487

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