Answer:
Paper-based Accounting
Step-by-step explanation:
The paper-based accounting is the old-fashioned way of keeping records of all transactions made in a business. No computers or systems are involved. Just like a spreadsheet program, a skilled accountant can set up the very basic ledger systems by hand using tools like pencils, books, rulers, and pads. It is a tedious task, but it always gets you going by increasing your understanding of all the operations in your business. However, paper-based accounting only works effectively with small businesses. Expansion means transitioning from paper-based to computer spreadsheets.