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Definitions of important accounting terms

Question: Definitions of important accounting terms

ACCOUNTS
REPORTING ENTITY
MATERIALITY TEST
EQUITY
RELIABILITY
CONSERVATISM
IRREVOCABLE CONTRACT
LIABILITIES
EXPENSE
ACCRUAL BASIS OF ACCOUNTING
ASSETS
OBJECTIVITY OF FINANCIAL REPORTING
DEPRECIATION EXPENSE
GOODWILL
UNREALISED GAIN
REVENUES
UNREALISED LOSS

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Accounting Basics: Definitions of important accounting terms

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