Accounting Games: Using Matrix Algebrain Creating the Accounting Models
The aim of this paper is to show the mathematicalbasis for a precise treatment of double-entry bookkeeping,which was first developed in the nineteenth century by SirWilliam Rowan Hamilton. This is done by using basic notions ofmatrix algebra founded on the idea of ordered pairs. We alsoreveal how complex numbers and rationals (fractions)developed in mainstream accounting science and became aleading platform for the ongoing processes within Industry 4.0.The paper concludes with examples of how accountingoperations can be represented by matrix equations with theresult of generating a final report. The author presents amathematical model of accounting which is independent ofspecific existential forms, but which is capable of undertakingthe form of any of them and thus which has the potential ofbeing understood and accepted by specialists globally.