Merchants soon dealt with an enormous amount of money and transactions; they needed a more efficient and standardized way to account for it than how the ancients did. In 1494, Frater Luca Bartolomes Pacioli made famous the double entry bookkeeping method, which was the first time there had been anything close to a unifying standard in accounting. While Pacioli never claimed credit for the invention of double entry bookkeeping, according to ACAUS, he was, however, responsible with the polishing and popularizing of the concept in his book Summa de Arithmetica, Geometria, Proportioni et Proportionalita. Johannes Gutenberg's printing press would prove useful in facilitating widespread distribution, including translation of the book in five major languages. The standard Pacioli set for accounting in Renaissance-era Europe was not only good enough for five hundred years ago, it has even persisted to the modern day; any modern accountant should be able to read his book and understand and recognize the steps. All this has solidified Pacioli's place in history as the "Father of Accounting." .
What exactly is an accountant? To define this, first we must define bookkeeping as bookkeeper's duties consist of the first half of the accounting process. Dr. Zeshawn Beg defines bookkeeping as "keeping detailed records of the financial transactions for a business," which is generally only the day-to-day transactions of the business. Bookkeepers are intimately familiar with debits and credits, which are money owed to and owed by the business, respectively, and this system of debits and credits is the foundation for the double entry bookkeeping system. For every transaction that takes place, at least two accounts are affected, and this redundancy helps minimize errors. Often, the responsibilities for bookkeeping are divided between accounts payable and accounts receivable. Accounts receivable clerks are the bookkeepers who deal with things owed to the business, like recording payments or issuing bills and invoices.
What is accounting? ... But in all seriousness, intro is a lot of basics: debits and credits, how to record various transactions, basic financial ratios. ... There are three different areas of accounting. ... There is general accounting where you monitor accounts receivable and accounts payable. ... Per Chatfield, in "A History in Accounting Thought" it has been around since ancient times. ...
There are a lot of events in history that had showed us how the different ways of thinking and beliefs could spark terrible endings. ... We live in a world with many differences, but all of those ways of thinking and beliefs, especially politics, should guarantee compliance of the basics human rights. ... It is unbelievable that with all the events happened along history, still being people who want to dominate no matter how, without thinking in the goodness for a bigger numbers of people. That is the case of North Korea with a leader who prefers to invest more money in military armament t...
When the costs are taken into account, the electricity produced by the power station is relatively expensive C. History of Nuclear Power 1. ... NUCLEAR FUSION BASICS www.jet.efda.org COMPARISIONS OF VARIOUS ENERGY SOURCES www.nucleartourist.com/basics/why.htm NUCLEAR POWER STATIONS www.gcsescience.com/pme30.htm LECTURE 27 - NUCLEAR ENERGY www.personal.psu.edu NUCLEAR RETURN FROM THE DEAD whyfiles.org/130nukes/4.html NUCLEAR ENERGY INSTITUTE www.nei.org/doc.asp?...
Giant monsters of course do not eat people, but the basics of what a person may stand for, loyalty, honor, chivalry, and courage are constantly being put to the test. ... Both history and legend place the Danes and Swedes within the fifth and sixth centuries A.D.. ... Other characters are accounted for in the course of the narrative in the rest of the poem. ... Beowulf illustrates some important aspects of time and history. ... Worked into this section, not in chronological order, are four accounts of the Geat-Swede conflicts. ...
It focuses on the history of church growth, the theology behind it and involved within it, and its principles. ... Part one of this book is "The History of the Church Growth Movement." ... A detailed account of his life is given, beginning with his birth in 1897 to missionary parents. ... This is vitally important in understanding the basics of church growth. ... Implementing this principle means returning to New Testament basics where dichotomy between clergy and laity does not exist. ...
First, let's look at the basics of how a Linux IP Masquerading Server works. ... We must first start at the basics of the Internet before discussing how it does this. ... It's also extremely cost-efficient to run because the Linux Operating System itself is free, to connect to the internet all you need is one connection and one account, and a fully functional Linux Server can be set up with older equipment that can be easy to get. ... In an article entitled Linux Laps Up More of the Server Software Market in a September 28 2001 USA Today article written by Byron Acohido- IBM's V...
So, in this instance, there is a similarity in the Iroquois and European creation stories, as the downfall of human beings, as evidenced by good and evil or the range of personalities of the deer, bear, and wolf, are accounted for as part of both heritages. ... In fact, the first European settlers of America were very hard pressed to understand and respect the Iroquois creation story, steeped as they were in the basics of their own religious tradition. In the textbook, Making America, A History of the United States, 3rd ed., is an account from the 1650s, which describes their puzzleme...
Math Contribution Claudius Ptolemy's writings in mathematics on plane and spherical trigonometry remain the basics of trigonometry today. ... He represented a complete system of mathematical constructions that accounted successfully for the observed motion of each heavenly body. ... In addition to his well-known works in astronomy, Ptolemy was very important in the history of geography and cartography. ...
Math Contribution Claudius Ptolemy's writings in mathematics on plane and spherical trigonometry remain the basics of trigonometry today. ... He represented a complete system of mathematical constructions that accounted successfully for the observed motion of each heavenly body. ... In addition to his well-known works in astronomy, Ptolemy was very important in the history of geography and cartography. ...
