Meaning of accounting

Definition of accounting

(noun) a convincing explanation that reveals basic causes; "he was unable to give a clear accounting for his actions"
the occupation of maintaining and auditing records and preparing financial reports for a business
a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
a statement of recent transactions and the resulting balance; "they send me an accounting every month"

Other information on accounting

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