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accounting

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noun ac·count·ing \ə-ˈkau̇n-tiŋ\

Simple Definition of accounting

  • : the skill, system, or job of keeping the financial records of a business or person

Source: Merriam-Webster's Learner's Dictionary

Full Definition of accounting

  1. 1 :  the system of recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results; also :  the principles and procedures of accounting

  2. 2 a :  work done in accounting or by accountants b :  an instance of applied accounting or of the settling or presenting of accounts

  3. 3 :  account 3

Examples of accounting in a sentence

  1. <what accounting can you give for your bizarre actions on the night in question?>



1713

First Known Use of accounting

1713

Rhymes with accounting



ACCOUNTING Defined for Kids

accounting

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noun ac·count·ing \ə-ˈkau̇n-tiŋ\

Definition of accounting for Students

  1. :  the work of keeping a person's or a business's financial records




Law Dictionary

accounting

noun ac·count·ing

Legal Definition of accounting

  1. 1 :  an often court-ordered presentment or examination of accounts <a complete accounting would be necessary to determine the nature of the expenditures — Case & Comment>

  2. 2 :  the settlement by judicial action of the assets of a partnership (as upon dissolution)





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