Statements (33)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Accounting system
|
| gptkbp:advantage |
Fraud prevention
Error detection |
| gptkbp:appliesTo |
Revenue
Equity Expenses Assets Liabilities |
| gptkbp:basisFor |
Modern accounting
|
| gptkbp:contrastsWith |
Single-entry bookkeeping
|
| gptkbp:enables |
Preparation of financial statements
|
| gptkbp:firstDescribed |
1494
Summa de Arithmetica |
| gptkbp:guarantees |
Balance of books
|
| gptkbp:hasComponent |
Double-sided entries
T-accounts |
| gptkbp:hasConcept |
Accounting equation
Debits and credits |
| gptkbp:hasRule |
Total debits equal total credits
|
| https://www.w3.org/2000/01/rdf-schema#label |
Double-entry bookkeeping
|
| gptkbp:originatedIn |
gptkb:Italy
|
| gptkbp:popularizedBy |
gptkb:Luca_Pacioli
|
| gptkbp:principle |
Every transaction affects at least two accounts
|
| gptkbp:relatedTo |
General ledger
Chart of accounts Trial balance |
| gptkbp:requires |
Journal entries
Ledger accounts |
| gptkbp:usedBy |
Accountants
Businesses |
| gptkbp:usedIn |
Financial accounting
|
| gptkbp:bfsParent |
gptkb:Europe_(15th–16th_centuries)
|
| gptkbp:bfsLayer |
6
|