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accounting

intermediateB2

/əˈkaʊntɪŋ/ · ac-count-ing

The process of recording financial transactions pertaining to a business.

Meanings

nounformal

The process of recording financial transactions pertaining to a business.

ایک کاروبار سے متعلق مالی لین دین کو ریکارڈ کرنے کا عمل۔

محاسبانہ

muhaasbānah

Synonyms

bookkeepingfinancial record-keepingauditingکتابوں کا حسابمالی ریکارڈآڈٹ

Antonyms

dissolutiondisorganizationexpensesتحلیلعدم انتظاماخراجات

Common Collocations

  • financial accounting
  • management accounting
  • accounting standards

Example Sentences

Accounting is crucial for maintaining accurate financial records.

محاسبانہ درست مالی ریکارڈ کو برقرار رکھنے کے لیے بہت اہم ہے۔

Muhaasbānah durust mālī record ko barqaraar rakhne ke liye bohat aham hai.

Many students choose accounting as their major in college.

بہت سے طلباء کالج میں اپنے میجر کے لیے محاسبانہ کا انتخاب کرتے ہیں۔

Bohat se talbah college mein apne major ke liye muhaasbānah kā intekhab karte hain.

Understanding accounting principles is fundamental for any business owner.

محاسبانہ اصولوں کی سمجھ کسی بھی کاروبار کے مالک کے لیے بنیادی ہے۔

Muhaasbānah usūlōn ki samajh kisi bhi kārobār ke mālik ke liye buniyādī hai.

Easily Confused With

account:An 'account' refers to a report or narrative of financial activities, while 'accounting' is the process of recording those activities.

Word Family

account
nounاکاؤنٹ
accountant
nounمحاسب
accountable
adjectiveجوابدہ

See Also

💡 Memory Tip

Think of 'accounting' like keeping score in a game.

Imagine a ledger with rows of numbers and lines for calculations.

📖 Etymology

Origin: Old French "acontare" — to calculate, count

First known use: 15th century

The term 'accounting' originated from the Old French word 'acontare,' which means to compute or count. It evolved through Latin and Middle English to refer to the systematic tracking of financial transactions and records.