Accounting

Accounting is the art of recording, summarizing, reporting, and analyzing financial transactions.
-> support to make decisions.
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Cost (Nguyên giá)
- Accumulated depreciation (khấu hao lũy kế)
= book value (giá trị ghi sổ)
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Dr. Office supply
Cr. Liability
-> mua chịu
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owner: internal
supplier, lender, customers: external
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stock holder: nằm trong nhóm Equity
(+) permanent account & temporary account
temporary account: revenue, expense, income summary, withdrawal
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ROA = Net income / total asset