This week’s episode of Conversations with Kip discusses the spread of accounting knowledge throughout Europe, and the commonality of the books defined as part of bookkeeping. The knowledge spread was quite consistent; each textbook discussed three parts to bookkeeping:
(1) The Day or Wastebook
(2) The Journal
(3) The Ledger
The next episodes will discuss these in more detail.
This is Episode 123 of Conversations with Kip, the best financial system vlog there is.