origin of bookkeeping.Explain them briefly
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The most concrete milestone in the history of financial accounting came in 1494, when Italian businessman Luca Pacioli published the first accounting textbook, called "Summa." This book detailed the double-entry bookkeeping system that was just coming into use during this period, and has led many to call Paciolo
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The Italian Luca Pacioli, recognized as The Father of accounting and bookkeeping was the first person to publish a work on double-entry bookkeeping, and introduced the field in Italy. The modern profession of the chartered accountant originated in Scotland in the nineteenth century.
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