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Accounting Equation (Corporation)

11,189 views

ProfAlldredge

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

97%
  • 4:08 / 4:15

Speech Rate:

  • 117 wpm - Conversational

Category:

  • Education

Tags :

Intro:

Video Vocabulary

equation

/əˈkwāZHən/

noun

statement that two values are equal.

decrease
noun verb

instance of becoming smaller or fewer. make or become smaller or fewer.

additional

/əˈdiSH(ə)n(ə)l/

adjective

added, extra, or supplementary to what is already present or available.

outside
adjective adverb noun preposition

situated on or near outside. situated beyond boundaries of place. external side or surface. situated beyond boundaries of.

commonly

/ˈkämənlē/

adverb

very often.

economic

/ˌekəˈnämik/

adjective

Concerning trade, industry, and money.

benefit

/ˈbenəfit/

noun verb

advantage or profit gained. profit.

accounting
noun

An activity to prepare and keep financial records.

account

/əˈkount/

noun verb

report or description. consider or regard.

provide

/prəˈvīd/

verb

To make available; to supply for use.

parties

/ˈpärdē/

noun other verb

social gathering. Social events often with food, drinks and dancing. enjoy oneself at a party.

expenses

/ikˈspens/

noun other verb

money spent on something. Paying money for something (big). offset against taxable income.

corporation

/ˌkôrpəˈrāSH(ə)n/

noun

company or group of people authorized to act as single entity legally person and recognized as such in law.

liability

/ˌlīəˈbilədē/

noun

Something that is owed to someone else, e.g. debt.

revenues

/ˈrevəˌn(y)o͞o/

noun other

income. Monies that are made by or paid to a business.

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