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Basic Accounting Equation (Sole Proprietorship)

8,017 views

ProfAlldredge

Video Language:

  • English

Caption Language:

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

Accent:

  • English (US)

Speech Time:

97%
  • 3:54 / 4:00

Speech Rate:

  • 120 wpm - Conversational

Category:

  • Education

Tags :

Intro:

Video Vocabulary

expenses

/ikˈspens/

noun other verb

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

increase
noun verb

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

liabilities

/ˌlīəˈbilədē/

noun other

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

decreased
verb

make or become smaller or fewer.

withdraws

/wiT͟Hˈdrô/

verb

To pull back; move away or backward from something.

decrease
noun verb

instance of becoming smaller or fewer. To reduce the size, amount or number of something.

investment

/inˈves(t)mənt/

noun

action or process of investing money.

framework

/ˈfrāmˌwərk/

noun

essential supporting structure of building or object.

provide

/prəˈvīd/

verb

supply.

economic

/ˌekəˈnämik/

adjective

Concerning trade, industry, and money.

secondary

/ˈsekənˌderē/

adjective noun

Being of less importance than something else. secondary coil or winding in electrical transformer.

against

/əˈɡenst/

preposition

In opposition to; disagreeing with.

another

/əˈnəT͟Hər/

adjective determiner pronoun

One more, but not this. used to refer to additional person or thing of same type as one. additional person or thing of same type.

recording

/rəˈkôrdiNG/

noun verb

action or process of recording sound or performance for subsequent reproduction or broadcast. To put music, sounds onto a device to store it.

equities

/ˈekwədē/

noun other

value of company's shares. Stocks and shares which pay no fixed interest.

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