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What does accounting mean?

Looking for the meaning or definition of the word accounting? Here's what it means.

Verb
  1. present participle of account
Noun
  1. (accounting) The development and use of a system for recording and analyzing the financial transactions and financial status of a business or other organization.
  2. A relaying of events; justification of actions.
Adjective
  1. Of or relating to accounting.
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