For Accounting we have terms and definitions in 5 topics. The topics are Accounting, Accounting Terms, Dairy Production, Economics and Real Estate.

Accounting (Accounting)

is primarily a system of measurement and reporting of economic events based upon the accounting equation for the purpose of decision making. Generallywhen someone says "accounting" they are referring to the departmentactivity or individuals involved in the application of the accounting equation.

Accounting (Accounting Terms)

Recording and reporting of financial transactions, including the origination of the transaction, its recognition, processing, and summarization in the FINANCIAL STATEMENTS.

Accounting (Dairy Production)

The practice and set of principles for systematically recording, presenting and interpreting financial accounts.

Accounting (Economics)

The analysis, classification and interpretation of financial data.

Accounting (Real Estate)

The agent must be able to report the status of all funds received from or on behalf of the principal. Most state real estate license laws require a broker to give accurate copies of all documents to all parties affected by them and to keep copies on file for a specified period of time. Most license laws also require the broker to deposit immediately, or within 24 to 48 hours, all funds entrusted to the broker (such as earnest money deposits) in a special trust or escrow account. Commingling such monies with the broker's personal or general business funds is strictly illegal.

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