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Accounting for Beginners #28 / Assets / What is an Asset ? / Accounting Basics / Balance Sheet

19,390 views

Intro:

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

Video Vocabulary

increase
noun verb

rise in size, amount, or degree of something. become or make greater in size or degree.

/əˈkount/

account
noun verb

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

/strôNG/

strongest
adjective

having power to move heavy weights or perform other physically demanding tasks.

accounting
noun

An activity to prepare and keep financial records.

perfect
adjective noun verb

as good as is possible. perfect tense. To do something so well, it cannot be done better.

/bəˈɡinər/

beginners
noun other

person just starting to learn skill or take part in activity. People new to fields or activities.

/ˈklasik/

classic
adjective noun

(Of song, etc.) popular and famous for a long time. established work of art.

/ˈbaləns/

balances
noun other verb

even distribution of weight. Instruments for weighing things. To make two or more things equal.

/ˌôlˈredē/

already
adverb

before or by now or time in question.

/ˈpäzədiv/

positive
adjective noun

Having the charge produced by electrons. positive quality.

/ˈrevəˌn(y)o͞o/

revenue
noun

Money a government collects from its people.

welcome - welcome

/ˈwelkəm/

welcome
adjective exclamation noun verb

Being what was wanted or needed. used to greet someone in polite or friendly way. instance or manner of greeting someone. greet someone arriving in polite or friendly way.

/streNG(k)TH/

strength
noun

quality or state of being physically strong.

/ˈjəmbəl/

jumbled
adjective verb

In a state of disorder; all mixed up together. mix up in confused or untidy way.

/ˌlīəˈbilədē/

liabilities
noun other

state of being legally responsible for something. People, things that causes problems for someone.

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