ACCOUNTING is primarily a system of measurement and reporting of economic events based upon the accounting equation for the purpose of decision making. Generally, when someone says "accounting" they are referring to the department, activity or individuals involved in the application of the accounting equation.
CREDIT SALES are merchandise or services sold on the promise to pay later.
CUSTODIAN is an entity entrusted with guarding and keeping property or records.
Enter a term, then click the entry you would like to view.