单词 | method of accounting |
释义 | method of accounting (once / 155518 pages) n WORD FAMILY method of accounting: methods of accounting USAGE EXAMPLESAssume that U uses the cash method of accounting. Forbes(May 25, 2015) By his own method of accounting, his first term as governor ranks as a considerable success. The New Yorker(Feb 09, 2015) Under the Tax Code, you’re required to get permission from IRS before changing your method of accounting. Forbes(Jan 28, 2015) n a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts Syn|Hypo|Hyper accounting, accounting system control account an account that shows totals of amounts entered in a subsidiary ledger accounting entry, entry, ledger entrya written record of a commercial transaction credit sideaccount of payments received; usually the right side of a financial statement debit sideaccount of payments owed; usually the left side of a financial statement accrual 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 cash basisa method of accounting in which each item is entered as payments are received or made pooling of interestan accounting method used in the merging of companies; the balance sheets are added together item by item; this method is tax-free audit, audited accountan inspection of the accounting procedures and records by a trained accountant or CPA limited review, review(accounting) a service (less exhaustive than an audit) that provides some assurance to interested parties as to the reliability of financial data financial auditan attestation that the client's financial statement is accurate adjusting entryan accounting entry made at the end of an accounting period to allocate items between accounting periods credit, credit entryan accounting entry acknowledging income or capital items debit, debit entryan accounting entry acknowledging sums that are owing limited auditan audit of limited scope (limited in time span or confined to particular accounts etc.) analytical reviewan auditing procedure based on ratios among accounts and tries to identify significant changes register a book in which names and transactions are listed |
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