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Accounting, also known as accountancy, is the process of recording and processing information about economic entities, such as businesses and corporations. [1] [2] Accounting measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. [3]
Asunción (English: / ɑː ˌ s uː n s i ˈ oʊ n, ˌ ɑː s uː n ˈ s j oʊ n /, [3] [4] [5] Spanish:) is the capital and the largest city of Paraguay.The city stands on the eastern bank of the Paraguay River, almost at the confluence of this river with the Pilcomayo River.
Accounting records dating back more than 7,000 years have been found in Mesopotamia, [11] and documents from ancient Mesopotamia show lists of expenditures, and goods received and traded. [1] The development of accounting, along with that of money and numbers, may be related to the taxation and trading activities of temples :
In accounting, a basis of accounting is a method used to define, recognise, and report financial transactions. [1] The two primary bases of accounting are the cash basis of accounting, or cash accounting, method and the accrual accounting method. A third method, the modified cash basis, combines elements of both accrual and cash accounting.
Fund accounting is an accounting system for recording resources whose use has been limited by the donor, grant authority, governing agency, or other individuals or organisations or by law. [1] It emphasizes accountability rather than profitability , and is used by nonprofit organizations and by governments.
Texas was a prime location for agricultural immigration, due to its numerous rivers and rich soil. [14] Due to high amounts of immigration, the settled population of Texas rose to nearly 147,000 in 1847. [14] The settled population eventually rose to 600,000 in 1860. [14] San Antonio became one of the largest cities in Texas during this time. [15]
Meanwhile, business history as an academic discipline was founded by Professor N. S. B. Gras at the Harvard University Graduate School of Business Administration, starting in 1927. He defined the field's subject matter and approach, wrote the first general treatise in the field, and helped Harvard build a tradition of scholarship as well as the ...
Indigenous people lived in what is now Texas more than 10,000 years ago, as evidenced by the discovery of the remains of prehistoric Leanderthal Lady.In 1519, the arrival of the first Spanish conquistadors in the region of North America now known as Texas found the region occupied by numerous Native American tribes.