Posted 11/14/2017 1:14 pm
The problem that Europeans had with accounting was that they did not have the mathematical concept of zero as an integer. This was learned later from Arabic mathematics.
Without this, accounts and sums needed to be worked out physically and this was done on a counting table, similar in design to a large chess board. Think of it as a kind of horizontal abacus.It was known as an exchequer. Hence the title of the highest financial official in the UK, Chancellor of the Exchequer.
Without this, accounts and sums needed to be worked out physically and this was done on a counting table, similar in design to a large chess board. Think of it as a kind of horizontal abacus.It was known as an exchequer. Hence the title of the highest financial official in the UK, Chancellor of the Exchequer.
Edited by alganbagerap
11/14/2017 1:15 pm
11/14/2017 1:15 pm
