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Accounting for Beginners #28 / Assets / What is an Asset ? / Accounting Basics / Balance Sheet

19,390 views

Intro:

Video Vocabulary

noun verb

Fact of increasing; amount something grows by. become or make greater in size or degree.

/əˈkount/

noun verb

An advantage. consider or regard.

/strôNG/

adjective

Being the most powerful.

noun

An activity to prepare and keep financial records.

adjective noun verb

as good as is possible. perfect tense. To do something so well, it cannot be done better.

/bəˈɡinər/

noun other

person just starting to learn skill or take part in activity. People new to fields or activities.

/ˈklasik/

adjective noun

judged to be outstanding. Something popular or famous for a long time.

/ˈbaləns/

noun other verb

even distribution of weight. Instruments for weighing things. To make two or more things equal.

/ˌôlˈredē/

adverb

before or by now or time in question.

/ˈpäzədiv/

adjective noun

Being sure about something; knowing the truth. positive quality.

/ˈrevəˌn(y)o͞o/

noun

income.

welcome - welcome

/ˈwelkəm/

adjective exclamation noun verb

Being what was wanted or needed. used to greet someone in polite or friendly way. Friendly greeting to someone who has arrived. To accept or receive something happily and gladly.

/streNG(k)TH/

noun

quality or state of being physically strong.

/ˈjəmbəl/

adjective verb

In a state of disorder; all mixed up together. mix up in confused or untidy way.

/ˌlīəˈbilədē/

noun other

state of being legally responsible for something. Some things that are owed to someone else, e.g. debt.

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