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MBA 3: Accounting and the Last Supper

Planet Money Summer School

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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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