#method_of_accounting__accounting__accounting_system  a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
  supertype:  #register.record  a book in which names and transactions are listed
  member of:  #leger
  subtype:  #control_account__controlaccount  an account that shows totals of amounts entered in a subsidiary ledger
  subtype:  #ledger_entry__entry  a written record of a commercial transaction
     subtype:  #debit_entry__debitentry__debit  an accounting entry acknowledging sums that are owing
     subtype:  #credit_entry__credit  an accounting entry acknowledging income or capital items
        subtype:  #balance.credit_entry  an amount on the credit side of an account
           subtype:  #balance_of_trade__trade_balance__tradebalance__visible_balance__visiblebalance__trade_gap  the difference in value over a period of time of a country's imports and exports of merchandise; "a nation's balance of trade is favorable when its exports exceed its imports"
           subtype:  #invisible_balance__invisiblebalance  the difference in value over a period of time of a country's imports and exports of services and payments of property incomes
           subtype:  #trial_balance__trialbalance  a balance of debits and credits in double-entry bookkeeping; drawn up to test their equality
           subtype:  #carry-over__carryover__carry-forward__carryforward  (British) the accumulated and undivided profits of a corporation after provision has been made for dividends and reserves
  subtype:  #credit_side  account of payments received; usually the right side of a financial statement
  subtype:  #debit_side__debitside  account of payments owed; usually the left side of a financial statement
  subtype:  #accrual_basis__accrualbasi  a method of accounting in which each item is entered as it is earned or incurred regardless of when actual payments are received or made
  subtype:  #cash_basis  a method of accounting in which each item is entered as payments are received or made
  subtype:  #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
  subtype:  #audited_account__auditedaccount__audit  an inspection of the accounting procedures and records by a trained accountant
     subtype:  #limited_audit__limitedaudit  an audit of limited scope (limited in time span or confined to particular accounts etc.)
  subtype:  #limited_review__limitedreview__review  (accounting) an accounting service (less exhaustive than an audit) that provides some assurance to interested parties as to the reliability of financial data
     subtype:  #analytical_review  an auditing procedure based on ratios among accounts and tries to identify significant changes

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