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Q: In the pegboard system what method is used to identify the age of accounts?
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What methods are use to identify age accounts on pegboard system?

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What is a pegboard bookkeeping system?

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Pegboard bookkeeping is a manual system in which transactions are recorded on pegs or hooks on a board, representing different accounts. The system allows for easy tracking of income and expenses by moving pegs to adjust balances. It is a simple and visual method typically used by small businesses or organizations with limited transactions.


What is the write it once system?

The Pegboard system is referred to as the write-it-once system.


What is pegboard?

The pegboard, or write-it-once, bookkeeping system uses a board with pegs running down the left side. The pegs hold a day sheet, or daily journal, in place on the board. All transactions for the day are recored on this day sheet.


What does IBAN mean?

A standard numbering system developed to identify bank accounts from around the world. It was originally developed by banks in Europe to simplify transactions involving bank accounts from other countries. Source: http://www.answers.com/IBAN?cat=biz-fin A standard numbering system developed to identify bank accounts from around the world. It was originally developed by banks in Europe to simplify transactions involving bank accounts from other countries. Source: http://www.answers.com/IBAN?cat=biz-fin


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