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Fundamentals of Accountancy, Business and Management 1 Notes

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This is a notes of Fundamentals of Accountancy, Business and Management 1 subject for ABM students.

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History of Accounting

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Father of modern Accounting- Frater Luca Pacioli *(Frater means Brother)
-Famous with his writing named Summa de Arithmetica Geometria Proportioni et Proportionalita. It means: Everything about Arithmetic Geometric Proportion.
-Venice, Italy November 1494
Origin: Traced from the Renaissance period.
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