In accounting terms furniture can be consider according to fixed assets, all furniture which can be used for business purpose like Almira, table etc
No, it is a noun. It is used as a noun adjunct in terms such as furniture mover and furniture polish.
is a principal of accounting meaning means fully covered accounting satatements.
You can purchase a dictionary of accounting terms from retailers such as Amazon. Once on the website, type "Dictionary of Accounting Terms" into the search field at the top of the page and press enter to bring up the item.
Language of business
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Accounting language can be used in one's personal life because finances remain the same. Terms like budgets, income and expenses are accounting terms found in every day language.
Rent in accounting terms refers to a recurring expense that you plan for. Rate refers more to something that results in a debit on expense, but a credit on payables.
In simple terms Accounting is the process(technique) of identifying, recording, summarizing, analysing and interpreting transactions & events.
At least once a month