alleryStart learning →Which Franciscan friar's Summa de arithmetica first codified double entry in a mathematics textbook?
ABenedetto Cotrugli
BDomenico Manzoni
CLuca Pacioli
DAmatino Manucci
Answer & Solution
Correct answer: C. Luca Pacioli
Luca Pacioli, a collaborator of Leonardo da Vinci, set the double-entry system out in Summa de arithmetica.
Keep practising Double-Entry Bookkeeping
Browse all Double-Entry Bookkeeping questions for CA Foundation, or explore more Accounting topics.
Related questions
A contra account carries a balance that is what?What does the retained earnings account reflect?What does a chart of accounts list?Revenue and expense accounts are regarded as what kind of accounts?A service is performed for a customer who pays later. Which account is credited?By accepted practice, how are credit entries shown in a journal?Which of these is a long-term liability?Which of these is an equity account?