What is the propounder of double entry system?
Answer: (1) Lucas pacioli
Lucas pacioli is the profounder of double entry system. He was the son of Bartolomeo Paciloli. He was belonged to small commercial town in the Tiber Velley, North of the Perugia.
He was born in 1447, Sansepolcro, Republic of Florence. He started teaching in Perugia, in 1475. He wrote the first book “Summa der arithmetica, Geometrica and Proportioniet in 1494.
He was died in 1517 in Sansepolcro, Republic of Florence.