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  • Accounting Definition

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    Farrukh Ahmed Qureshi
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    Accounting is the language of business, concerned with all types of business activities. It is also considered the language of business which is clear. The acronym CLEAR represents the key components of accounting - Capital, Liability, Expense, Assets, and Revenue/Income.

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    Accounting is the language of business, concerned with all types of business activities. It is also considered the language of business which is clear. The acronym CLEAR represents the key components of accounting - Capital, Liability, Expense, Assets, and Revenue/Income.

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    25 views1 page

    Accounting Definition

    Uploaded by

    Farrukh Ahmed Qureshi
    Accounting is the language of business, concerned with all types of business activities. It is also considered the language of business which is clear. The acronym CLEAR represents the key components of accounting - Capital, Liability, Expense, Assets, and Revenue/Income.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    Simplest Definition Of Accounting

    “Accounting is the language of business, concerned with all type of business


    activities”.

    Or

    “Accounting is the language of business which is CLEAR”.

    C = Capital
    L = Liability
    E = Expense
    A = Assets
    R = Revenue / Income

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