The originator of the double entry system, Lucas Pacioli was resident of

The correct answer is B. Italy.

Lucas Pacioli was an Italian Franciscan friar, mathematician, and accountant. He is considered the father of accounting because he was the first to write a comprehensive treatise on double-entry bookkeeping, Summa de arithmetica, geometria, proportioni et proportionalita, published in 1494.

Option A is incorrect because America was not yet discovered in the 15th century.

Option C is incorrect because India did not have a significant influence on the development of double-entry bookkeeping.

Option D is incorrect because Japan was not yet a major economic power in the 15th century.