Final answer:
Luca Pacioli is known for contributing significantly to accounting by documenting the double-entry bookkeeping system and for his work in algebra during the Renaissance period.
Step-by-step explanation:
The work of Luca Pacioli regarding mathematics was mainly in accounting and algebra. Luca Pacioli is renowned for his contributions to the development of double-entry bookkeeping system, which is the foundation of modern accounting. He documented this system in his book 'Summa de arithmetica, geometria, proportioni et proportionalita' in 1494, which has been considered an essential read for businesspeople and accountants throughout history. In addition to his work in accounting, Pacioli also made contributions to algebra and was involved in mathematical discussions and collaborations with other famous figures of the Renaissance, such as Leonardo da Vinci.