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The three main accounting elements were defined in the late 15th century by:
ALuca Marconi
BLuca Pacioli
CLuca Ricardo
DLuca Bernoulli
Answer & Solution
Correct answer: B. Luca Pacioli
1. He was an Italian monk.
2. He named assets, liabilities and owners' equity.
3. He was Brother Luca Pacioli.
_Source: OpenStax Introduction to Business, Chapter 14, Using Financial Information and Accounting._
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