History
It was used back in 7500BC by the Mesopotemians before abstract counting
Accounting
Father of accounting
Luca Pacioli
Who created the double-entry bookkeeping system?
Luca Pacioli
The First civilization use the concept of accounting
Ancient Mesopotamia
Before the numbering system was established, what was used to track grain and animals?
Clay tokens
Where did the word “accounting” originate?
Old French
A concept created by Luca Pacioli in the 1400s
Bookkeeping
The movement of goods and services between two or more person
Business Transaction
A branch of accounting used to record, summarize and report transactions, revenue-expenses in a certain time period.
Financial Accounting
When did accounting first use computers?
1950s
A record that accountants keep to track your amount of debt
Liabilities
Branch of accounting used when a company examines their financial records to know if their financial information is accurate or fairly represented.
Auditing
When was double-entry bookkeeping invented?
1949
What principles requires expenses to be recorded in the sum period as related revenues
matching principles
A branch of accounting was originally introduced as a temporary measure to finance the war against France, what Branch was it?
Income tax