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A Greek restaurant owner in Canada had his own system of accounting. He kept his account payable in a cigar box on the left-hand side of his cash register, his daily cash returns in the cash register, and his receipts for paid bills in another cigar box on the right. A truly “manual” system.
When his youngest sonĀ graduated as an accountant, he was appalled by his father’s primitive methods. “I don”t know how you can run a business that way,” he said “How do you know what your profits are ?”



