Quote by Edwin T. Freedley

The system of book-keeping by double entry is, perhaps, the most beautiful one in the wide domain of literature or science. Were it less common, it would be the admiration of the learned world.


The system of book-keeping by double entry is, perhaps, the

Summary

This quote by Italian mathematician and Franciscan monk, Luca Pacioli, highlights his admiration for the double-entry bookkeeping system. He considers it to be an incredibly elegant and beautiful concept, comparable to works of literature or scientific discoveries. Pacioli believes that if double-entry bookkeeping were not so commonplace, it would be celebrated and praised by scholars and intellectuals around the world. The quote emphasizes Pacioli's appreciation for the mathematical and organizational principles behind this system.

Topics

Money
By Edwin T. Freedley
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