Pacioli's Summa, in particularthe double-entry bookkeeping appendixhas been called by many writers one of the most important texts in the history of accounting.

1. Identify four (4) features of Pacioli's double-entry bookkeeping appendix that can justifiably be considered major steps in the development of accounting. Justify your selection in each case.
2. Identify two (2) important features of modern accounting that Pacioli didnotmention. Explain briefly.
3. Discuss the significance of Pacioli's double-entry bookkeeping appendix to the development of accounting as science.