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A system of recording or settling accounts in financial transactions; the methods of determining income and expenses for tax and other financial purposes.
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ac·count·ing (-koun t ng) n. The bookkeeping methods involved in making a financial record of business transactions and in the preparation of statements concerning the assets ...
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accounting, classification, analysis, and interpretation of the financial, or bookkeeping bookkeeping, maintenance of systematic and convenient records of money transactions in ...
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