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accounting vs pooling of interest

pooling of interest vs accounting

accounting and pooling of interest both are nouns.

Word NounAdjectiveVerbAdverb
accounting Yes No No No
pooling of interest Yes No No No
As nouns, pooling of interest is a hyponym of accounting; that is, pooling of interest is a word with a more specific, narrower meaning than accounting:
  • accounting: a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
  • pooling of interest: an accounting method used in the merging of companies; the balance sheets are added together item by item; this method is tax-free
accounting (noun) pooling of interest (noun)
the occupation of maintaining and auditing records and preparing financial reports for a business an accounting method used in the merging of companies; the balance sheets are added together item by item; this method is tax-free
a system that provides quantitative information about finances
a convincing explanation that reveals basic causes
a statement of recent transactions and the resulting balance
a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
Difference between accounting and pooling of interest

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