Working with Shannon on adilas user guide content. The subject for the day was old school accounting vs new school accounting. We only got some content written on the old school side (classic double-entry accounting). We went over journals, journal entries, ledgers, t-accounts, chart of accounts, batching, posting, and reports such as income statement (P&L - profit and loss), and the balance sheet. Shannon has all of the content. As soon as it is ready, we will post it in an element of time.

I had Wikipedia open and was doing a number of different searches:

Christopher Columbus - sailed the ocean blue in 1492 - https://en.wikipedia.org/wiki/Christopher_Columbus

Luca Pacioli - father of accounting - published a math text book with rules for double-entry accounting called "Summa de Arithmetica" in 1494 (2 years after Columbus). - https://en.wikipedia.org/wiki/Luca_Pacioli

double-entry accounting - https://en.wikipedia.org/wiki/Double-entry_bookkeeping_system

We didn't get to it... but this was an article that we (adilas) wrote back in 2011, it has a number of different key features and shows some of the changes in newer or more modern day accounting (new school accounting). This is a 6-page document that is more in historical story type format, but a fun read. - https://data0.adilas.biz/adilas_history_bio.pdf