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History of Double-Entry Bookkeeping by Justine Airra Ondoy is a document available to read on EtoBox.

What is History of Double-Entry Bookkeeping about?

1) Double-entry bookkeeping originated in the Middle East in the 8th century from requirements under Islamic law to carefully track debts and assets. It spread to China through the Tang Dynasty which adopted the system to manage taxes and expenditures. 2) The Tang Dynasty helped spread paper money, printing, and double-entry bookkeeping throughout Asia. Korea and Mongol empires also implemented double-entry bookkeeping in their complex bureaucracies. 3) Double-entry bookkeeping was slow to spread in Europ

Author

Justine Airra Ondoy

Language

EN