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luca Pacioli, an Italian monk and mathematician, laid the basic foundations for the doule entry principle of accounting. This was in his book titled, 'Summa de arithmetical, geometria, proportioni et proportionalita' meaning, 'Everything about arithmetic, geometry and proportion.' It was published in 1494.

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The double-entry principle of accounting is attributed to the Italian mathematician and Franciscan friar Luca Pacioli, who published it in his 1494 work, "Summa de Arithmetica, Geometria, Proportioni et Proportionalita."

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Q: Who is the person that established the double entry principle of accounting?
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