Double accounting system owes its origin to ________.

Luca Pacioli

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Karl Marx

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Pickless

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Adam Smith

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Solution

The correct option is A Luca Pacioli
Luca Pacioli, an Italian person is considered the Father of double entry system of accounting. He was the first person who has published the work on double entry system in Italy. He has actually not invented but only described a method which is used by the merchants.

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