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The first widely recognized printed work on bookkeeping was written by:

Accounting

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C

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The first widely recognized printed work on bookkeeping was written by:
C. Luca Pacioli
Luca Pacioli, an Italian mathematician, published Summa de arithmetica, geometria, proportioni et proportionalita in 1494, which included a detailed description of the double-entry bookkeeping system. This work is considered the foundation of modern accounting.

  • The correct option is C.

British commercial law contributed to accounting by:
B. Establishing corporations with trading monopolies
British commercial law, particularly through the creation of chartered companies like the East India Company, established large corporations that often held trading monopolies. The complex financial operations, extensive trade networks, and the need to report to investors and the Crown significantly spurred the development and standardization of accounting practices.

  • The correct option is B.
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