Question: Pacioli's Summa , in particular the double-entry bookkeeping appendix has been called by many writers one of the most important texts in the history of
Pacioli's Summa, in particularthe double-entry bookkeeping appendixhas been called by many writers one of the most important texts in the history of accounting.
- Identify four (4) features of Pacioli's double-entry bookkeeping appendix that can justifiably be considered major steps in the development of accounting. Justify your selection in each case.
- Identify two (2) important features of modern accounting that Pacioli didnotmention. Explain briefly.
- Discuss the significance of Pacioli's double-entry bookkeeping appendix to the development of accounting as science.
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