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Definition of "accounting" []

  • The bookkeeping methods involved in making a financial record of business transactions and in the preparation of statements concerning the assets, liabilities, and operating results of a business. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Use "accounting" in a sentence
  • "Business has plenty of risks and years of building up a business when your not making any money and the flexibility in accounting is important."
  • "After receiving a bachelor degree in accounting from the University of Utah in"
  • "In August of last year, a vice president of the corporation wrote a memo to Mr. Lay describing some of the problems in that corporation, using the term accounting hoax."