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Definition
| Plannning, recording , analyzing, and interprepating financial information |
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Definition
| a planned process for providing financial that will be useful to management |
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Definition
| Oranized summaries of a business's fianncial activities |
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Definition
| a business that performa an activity for a fee |
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Definition
| a business owned by is also one person |
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Definition
| anything of value that is owned |
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Definition
| fiancial right to be assets of a business |
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Definition
| An amount owned by a business |
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Definition
| the aount remaining after the value of all values of liabities is substracted from the value of all assets |
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Definition
| an equation showing the realtionship among assets,liabilities,and owner's equity |
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Term
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Definition
| Anything of value that is owned |
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Term
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Definition
| Financial rights to the assets of a business |
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Definition
| the amount remaining after the value of all liabilities is subtraced from the value of all assets |
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Definition
| an equation showing the realtionship among assets, liabilities,and owner's equity |
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Term
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Definition
| A business activity changes assets, liabilities or owner's equity |
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Definition
| a record summarizing all the information pertaining to a single item in the accounting equation. |
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| the name given to an account |
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Definition
| the amount in the account |
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Term
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Definition
| the account used to summarize the owner's equity in a business |
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