Pacioli definition
An Italian monk associated with debits, credits, and double-entry accounting approximately 500 years ago.
An Italian monk associated with debits, credits, and double-entry accounting approximately 500 years ago.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.