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What is the purpose of Financial Accounting?

21,695 views

Video Language:

  • English

Caption Language:

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

Accent:

  • English (US)

Speech Time:

98%
  • 5:05 / 5:10

Speech Rate:

  • 116 wpm - Conversational

Category:

  • Education

Intro:

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

Video Vocabulary

/kəˈmyo͞onəˌkāt/

communicates
verb

exchange information or ideas.

records
noun other verb

thing constituting piece of evidence about past. Round plastic discs on which music has been stored. To put music, sounds onto a device to store it.

/bēˈkəz/

because
conjunction

for reason that.

/ˈinvənˌtôrē/

inventory
noun verb

List of items stored at a place. make inventory of.

/ˈlendiNG/

lending
noun verb

action of allowing person use of sum of money under agreement to pay it back later. To give help or support to someone in need.

/ˈinˌflō/

inflows
noun other

large amount of money, people, or water. Process of flowing in.

/rəˈpôrt/

reports
noun other verb

account given of particular matter. The telling of news in the media. To submit a report or bill to the government.

/ˈbiznəs/

business
noun

Activity of working to make a profit.

/tranˈzakSH(ə)n/

transactions
noun other

instance of buying or selling something. An exchange in business usually involving money.

/əˈkwipmənt/

equipment
noun

necessary items.

/dəˈtāl/

details
noun other verb

individual fact or item. Small parts of some things; tiny facts. null.

/ˈkapədl/

capital
adjective exclamation noun

liable to death penalty. expressing approval. Official main city of a country, province or state.

/ˌprīˈmerəlē/

primarily
adverb

for most part.

/CHānj/

changes
noun other verb

act or process bringing change. Exchanges of one set of clothes for another. To replace something with another thing.

/inˈvestər/

investors
noun other

person or organization that puts money into financial schemes, property, etc. with expectation of achieving profit. People who spends money to help business grow.

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