The History of a Trial Balance

A trial balance is probably much older than you would expect, in fact it dates back to 1458! It’s fascinating that we are still using this process over 500 years on. It was originally believed that Fra Luca Bartolomeo de Pacioli also known as Luca di Borgo after his place of birth, Borgo Sansepolcro, Tuscany, was the first to describe a trial balance … Read More