Accounting Definition

Other Accounting Definition

[n] the occupation of maintaining and auditing records and preparing financial reports for a business
[n] a system that provides quantitative information about finances
[n] a convincing explanation that reveals basic causes; "he was unable to give a clear accounting for his actions"
[n] a statement of recent transactions and the resulting balance; "they send me an accounting every month"
[n] a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts


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