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MBA 3: Accounting and the Last Supper

Planet Money Summer School

CHAPTER

The Accounting Equation

Double entry bookkeeping is used to keep track of businesses and countries. Luca Petroli, the father of accounting, was in Venice when he wrote a book about it. He happened to have access to the printing press; even in the 1500s, it went viral. We are going to learn the nitty gritty of the double entry bookkeeping process with our professor Emel Shahada.

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