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Income Tax Accounting (IFRS) | Journal Entries and Financial Statement Presentation - Part 4 of 4

12,734 views

HumberEDU

Video Language:

  • English

Caption Language:

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

Accent:

  • English

Speech Time:

97%
  • 3:50 / 3:57

Speech Rate:

  • 115 wpm - Conversational

Category:

  • Education

Tags :

Intro:

Video Vocabulary

current

/ˈkərənt/

adjective noun

belonging to present. Electricity flowing through wires.

liability

/ˌlīəˈbilədē/

noun

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

because

/bēˈkəz/

conjunction

for reason that.

sitting

/ˈsidiNG/

adjective noun verb

in seated position. continuous period of being seated. To remain in a still position while being painted.

deferred

/dəˈfər/

verb

put off action or event to later time.

statement

/ˈstātmənt/

noun

definite or clear expression of something in speech.

balance

/ˈbaləns/

noun verb

Being stable; having equal weight on both sides. To be steady by having equal weight on both sides.

entries

/ˈentrē/

noun other

act of entering. Places where one enters.

earnings

/ˈərniNGz/

noun other

money obtained in return for labour or services. Incomes that a person receives.

recorded

/rəˈkôrdəd/

adjective verb

set down in writing or some other permanent form for later reference. To write down or say what happened.

calculating

/ˈkalkyəˌlādiNG/

adjective verb

acting in scheming and ruthlessly determined way. To make an educated guess about something.

journal

/ˈjərnl/

noun verb

Magazine of academic papers. write in journal or diary.

expense

/ikˈspens/

noun verb

money spent on something. offset against taxable income.

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