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单词 basic accounting equation
释义

basic accounting equation

Definition
The relationship between income, expenses, and the ownership of the company. Income should equal the amount of expenses plus what owner puts up for the business.

Use 'basic accounting equation' in a Sentence

While I was with my account figuring taxes he showed me a basic accounting equation to use to keep my records more in order.
The basic accounting equation was an interesting thing to pay attention to because it talked about the relationship between income and other factors.
You should know how to read and write a basic accounting equation so that you can understand everything in the books.
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更新时间:2025/5/9 0:43:50