Task It 2 ME

Double Entry bookkeeping is the cornerstone of modern accounting, but it is not exactly a modern concept. The earliest records date the practice back to the late 13th Century.

The practice spread in Italian merchant cities in the 14th century. It was eventually documented in 1494 in Luca Pacioli's mathematics textbook. His detailing of the method has earned him the title "father of accounting."
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