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Double Entry
Double-entry bookkeeping, also known as double-entry accounting, is a method of bookkeeping that relies on a two-sided accounting entry to maintain financial information. Every entry to an account requires a corresponding and opposite entry to a different account. The double-entry system has two equal and corresponding sides, known as debit and credit; this is based on the fundamental accounting principle that for every debit, there must be an equal and opposite credit. A transaction in double-entry bookkeeping always affects at least two accounts, always includes at least one debit and one credit, and always has total debits and total credits that are equal. The purpose of double-entry bookkeeping is to allow the detection of financial errors and fraud. For example, if a business takes out a bank loan for $10,000, recording the transaction in the bank's books would require a DEBIT of $10,000 to an asset account called "Loan Receivable", as well as a CREDIT of $10,000 to an asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bookkeeping
Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business and other organizations. It involves preparing source documents for all transactions, operations, and other events of a business. Transactions include purchases, sales, receipts and payments by an individual person, organization or corporation. There are several standard methods of bookkeeping, including the single-entry bookkeeping system, single-entry and double-entry bookkeeping system, double-entry bookkeeping systems. While these may be viewed as "real" bookkeeping, any process for recording financial transactions is a bookkeeping process. The person in an organisation who is employed to perform bookkeeping functions is usually called the bookkeeper (or book-keeper). They usually write the ''#Daybooks, daybooks'' (which contain records of sales, purchases, receipts, and payments), and document each financial transaction, whether cash or credit, into the correct d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Naples
Naples ( ; ; ) is the Regions of Italy, regional capital of Campania and the third-largest city of Italy, after Rome and Milan, with a population of 908,082 within the city's administrative limits as of 2025, while its Metropolitan City of Naples, province-level municipality is the third most populous Metropolitan cities of Italy, metropolitan city in Italy with a population of 2,958,410 residents, and the List of urban areas in the European Union, eighth most populous in the European Union. Naples metropolitan area, Its metropolitan area stretches beyond the boundaries of the city wall for approximately . Naples also plays a key role in international diplomacy, since it is home to NATO's Allied Joint Force Command Naples and the Parliamentary Assembly of the Mediterranean. Founded by Greeks in the 1st millennium BC, first millennium BC, Naples is one of the oldest continuously inhabited urban areas in the world. In the eighth century BC, a colony known as Parthenope () was e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Transaction
A financial transaction is an Contract, agreement, or communication, between a buyer and seller to exchange goods, Service (economics), services, or assets for payment. Any transaction involves a change in the status of the finances of two or more businesses or individuals. A financial transaction always involves one or more financial asset, most commonly money or another valuable item such as gold or silver. There are many types of financial transactions. The most common type, purchases, occur when a good, service, or other commodity is sold to a consumer in exchange for money. Most purchases are made with cash payments, including Cash, physical currency, debit cards, or cheques. The other main form of payment is credit, which gives immediate access to funds in exchange for repayment at a later date. History There is no evidence to support the theory that ancient civilizations worked on systems of barter. Instead, most historians believe that ancient cultures worked on princi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Audit Trail
An audit trail (also called audit log) is a security-relevant chronological record, set of records, and/or destination and source of records that provide documentary evidence of the sequence of activities that have affected at any time a specific operation, procedure, event, or device. Audit records typically result from activities such as financial transactions, scientific research and health care data transactions, or communications by individual people, systems, accounts, or other entities. The process that creates an audit trail is typically required to always run in a privileged mode, so it can access and supervise all actions from all users; a normal user should not be allowed to stop/change it. Furthermore, for the same reason, the trail file or database table with a trail should not be accessible to normal users. Another way of handling this issue is through the use of a role-based security model in the software. The software can operate with the closed-looped controls, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Double-entry Example From 1926
Double-entry bookkeeping, also known as double-entry accounting, is a method of bookkeeping that relies on a two-sided accounting entry to maintain financial information. Every entry to an account requires a corresponding and opposite entry to a different account. The double-entry system has two equal and corresponding sides, known as debit and credit; this is based on the fundamental accounting principle that for every debit, there must be an equal and opposite credit. A transaction in double-entry bookkeeping always affects at least two accounts, always includes at least one debit and one credit, and always has total debits and total credits that are equal. The purpose of double-entry bookkeeping is to allow the detection of financial errors and fraud. For example, if a business takes out a bank loan for $10,000, recording the transaction in the bank's books would require a DEBIT of $10,000 to an asset account called "Loan Receivable", as well as a CREDIT of $10,000 to an asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lady Justice
Lady Justice () is an allegorical personification of the moral force in judicial systems. Her attributes are scales, a sword and sometimes a blindfold. She often appears as a pair with Prudentia. Lady Justice originates from the personification of Justice in ancient Roman art known as ''Iustitia'' or ''Justitia'', who is equivalent to the Greek goddess Themis. The goddess Justitia The origin of Lady Justice was Justitia (or Iustitia), the goddess of Justice within Roman mythology. Justitia was introduced by emperor Augustus, and was thus not a very old deity in the Roman pantheon. Justice was one of the virtues celebrated by emperor Augustus in his , and a temple of Justitia was established in Rome by emperor Tiberius. Justitia became a symbol for the virtue of justice with which every emperor wished to associate his regime; emperor Vespasian minted coins with the image of the goddess seated on a throne called ''Iustitia Augusta'', and many emperors after him used the imag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Early Modern Europe
Early modern Europe, also referred to as the post-medieval period, is the period of European history between the end of the Middle Ages and the beginning of the Industrial Revolution, roughly the mid 15th century to the late 18th century. Historians variously mark the beginning of the early modern period with the invention of moveable type printing in the 1450s, the Fall of Constantinople and end of the Hundred Years' War in 1453, the end of the Wars of the Roses in 1485, the beginning of the High Renaissance in Italy in the 1490s, the end of the Reconquista and subsequent voyages of Christopher Columbus to the Americas in 1492, or the start of the Protestant Reformation in 1517. The precise dates of its end point also vary and are usually linked with either the start of the French Revolution in 1789 or with the more vaguely defined beginning of the Industrial Revolution in late 18th century England. Some of the more notable trends and events of the early modern period included th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pacioli
Luca Bartolomeo de Pacioli, Order of Friars Minor, O.F.M. (sometimes ''Paccioli'' or ''Paciolo''; 1447 – 19 June 1517) was an Italian mathematician, Order of Friars Minor, Franciscan friar, collaborator with Leonardo da Vinci, and an early contributor to the field now known as accounting. He is referred to as the father of accounting and bookkeeping and he was the first person to publish a work on the Double-entry bookkeeping system, double-entry system of book-keeping on the continent. He was also called Luca di Borgo after his birthplace, Sansepolcro, Borgo Sansepolcro, Tuscany. Life Luca Pacioli was born between 1446 and 1448 in the Tuscan town of Sansepolcro where he received an Abacus school, abbaco education. This was education in the vernacular (''i.e.'', the local tongue) rather than Latin and focused on the knowledge required of merchants. His father was Bartolomeo Pacioli; however, Luca Pacioli was said to have lived with the Befolci family as a child in his birth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venice
Venice ( ; ; , formerly ) is a city in northeastern Italy and the capital of the Veneto Regions of Italy, region. It is built on a group of 118 islands that are separated by expanses of open water and by canals; portions of the city are linked by 438 bridges. The islands are in the shallow Venetian Lagoon, an enclosed bay lying between the mouths of the Po River, Po and the Piave River, Piave rivers (more exactly between the Brenta (river), Brenta and the Sile (river), Sile). As of 2025, 249,466 people resided in greater Venice or the Comune of Venice, of whom about 51,000 live in the historical island city of Venice (''centro storico'') and the rest on the mainland (''terraferma''). Together with the cities of Padua, Italy, Padua and Treviso, Italy, Treviso, Venice is included in the Padua-Treviso-Venice Metropolitan Area (PATREVE), which is considered a statistical metropolitan area, with a total population of 2.6 million. The name is derived from the ancient Adr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Summa De Arithmetica
Summa and its diminutive summula (plural ''summae'' and ''summulae'', respectively) was a medieval didactics literary genre written in Latin, born during the 12th century, and popularized in 13th century Europe. In its simplest sense, they might be considered texts that 'sum up' knowledge in a field, such as the compendiums of theology, philosophy and canon law. Their function during the Middle Ages was largely as manuals or handbooks of necessary knowledge used by individuals who would not advance their studies any further. Features It was a kind of encyclopedia that developed a matter about Law, Theology or Philosophy most of all. Matters were divided in a more detailed way as it was in the ''tractatus'' ( treatise), since they were divided into ''quaestiones'' (questions) and these ones were also divided into ''articles''. The articles had the following structure: #Title of the article as a question and showing two different positions (''disputatio''). #Objections or argumen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Textbook
A textbook is a book containing a comprehensive compilation of content in a branch of study with the intention of explaining it. Textbooks are produced to meet the needs of educators, usually at educational institutions, but also of learners (who could be independent learners outside of formal education). Schoolbooks are textbooks and other books used in schools. Today, many textbooks are published in both print and digital formats. History The history of textbooks dates back to ancient civilizations. For example, Ancient Greeks wrote educational texts. The modern textbook has its roots in the mass production made possible by the printing press. Johannes Gutenberg himself may have printed editions of ''Ars Minor'', a schoolbook on Latin grammar by Aelius Donatus. Early textbooks were used by tutors and teachers (e.g. alphabet books), as well as by individuals who taught themselves. The Greek philosopher Socrates lamented the loss of knowledge because the media of transmis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mathematics
Mathematics is a field of study that discovers and organizes methods, Mathematical theory, theories and theorems that are developed and Mathematical proof, proved for the needs of empirical sciences and mathematics itself. There are many areas of mathematics, which include number theory (the study of numbers), algebra (the study of formulas and related structures), geometry (the study of shapes and spaces that contain them), Mathematical analysis, analysis (the study of continuous changes), and set theory (presently used as a foundation for all mathematics). Mathematics involves the description and manipulation of mathematical object, abstract objects that consist of either abstraction (mathematics), abstractions from nature orin modern mathematicspurely abstract entities that are stipulated to have certain properties, called axioms. Mathematics uses pure reason to proof (mathematics), prove properties of objects, a ''proof'' consisting of a succession of applications of in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
