When was the first known record of a transaction created by a Sumerian merchant in southern Mesopotamia?
The first known record of a transaction was created in the year 3500 BCE by a Sumerian merchant in southern Mesopotamia. This act of marking clay was a desperate necessity born from the explosion of trade and governance that accompanied the rise of early cities. The resulting cuneiform script evolved from a system of tokens into a complex array of numerical signs and ideograms.