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Accounting Equation (Corporation)

11,189 views

ProfAlldredge

Video Language:

  • English

Caption Language:

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

Accent:

  • English (US)

Speech Time:

97%
  • 4:08 / 4:15

Speech Rate:

  • 117 wpm - Conversational

Category:

  • Education

Tags :

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

equation

/əˈkwāZHən/

equation
noun

statement that two values are equal.

decrease
decrease
noun verb

Amount by which something has been reduced. To reduce the size, amount or number of something.

additional

/əˈdiSH(ə)n(ə)l/

additional
adjective

added, extra, or supplementary to what is already present or available.

outside
outside
adjective adverb noun preposition

situated on or near outside. situated beyond boundaries of place. Area around or near something, such as a building. situated beyond boundaries of.

commonly

/ˈkämənlē/

commonly
adverb

Typically, normally; not unusually.

economic

/ˌekəˈnämik/

economic
adjective

Concerning trade, industry, and money.

benefit

/ˈbenəfit/

benefit
noun verb

advantage or profit gained. profit.

accounting
accounting
noun

An activity to prepare and keep financial records.

account

/əˈkount/

account
noun verb

Arrangement with a bank to keep your money for you. consider or regard.

provide

/prəˈvīd/

provide
verb

supply.

parties

/ˈpärdē/

parties
noun other verb

social gathering. One sides in a legal action or conflict. To attend, meet, gather at an event to have fun.

expenses

/ikˈspens/

expenses
noun other verb

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

corporation

/ˌkôrpəˈrāSH(ə)n/

corporation
noun

Big company or a combination of several companies.

liability

/ˌlīəˈbilədē/

liability
noun

state of being legally responsible for something.

revenues

/ˈrevəˌn(y)o͞o/

revenues
noun other

income. Monies that are made by or paid to a business.

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