a way of calculating the depreciation of an asset whereby one subtracts a certain percentage of its current value each year. | the occupation of maintaining and auditing records and preparing financial reports for a business |
| 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 |