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accounting

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accounting

Main Entry:: ac·count·ing
Pronunciation:: \ə-ˈkau̇n-tiŋ\
Function:: noun
Date:: circa 1716

1: the system of recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results; also : the principles and procedures of accounting2 a: work done in accounting or by accountants b: an instance of applied accounting or of the settling or presenting of accounts3: account 3

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