Final answer:
Accountants can use accounting software's 'past earnings record' feature to analyze purchase transactions and make informed financial decisions.
Explanation:
Accounting software allows accountants to assess their firm's purchase transactions and patterns. One feature of accounting software packages that aids in this analysis is the 'past earnings record', which summarizes transactions to estimate future earnings potential. By utilizing this feature, accountants can gain insights into their firm's financial activities and make informed decisions based on historical data.
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