HyperDic: method_of_accounting

English > 1 sense of the expression method of accounting:
NOUNpossessionmethod of accounting, accounting, accounting systema bookkeeper's chronological list of related debits and credits of a business
English > method of accounting: 1 sense > noun 1, possession
MeaningA bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts.
Synonymsaccounting, accounting system
Member ofledger, leger, account book, book of account, bookA record in which commercial accounts are recorded
Narroweraccrual basisA method of accounting in which each item is entered as it is earned or incurred regardless of when actual payments are received or made
audited account, auditAn inspection of the accounting procedures and records by a trained accountant or CPA
cash basisA method of accounting in which each item is entered as payments are received or made
control accountAn account that shows totals / totals of amounts entered in a subsidiary ledger
credit sideaccount of payments received
debit sideaccount of payments owed
entry, accounting entry, ledger entryA written record of a commercial transaction
pooling of interestAn accounting method used in the merging of companies
review, limited review(accounting) a service (less exhaustive than an audit / audit) that provides some assurance to interested parties as to the reliability of financial data
BroaderregisterA book in which names and transactions are listed
Spanishcontabilidad, sistema de contabilidad
Catalancomptabilitat

©2001-22 · HyperDic hyper-dictionary · Contact

English | Spanish | Catalan
Privacy | Robots

Valid XHTML 1.0 Strict