FABM

ACCOUNTING IS PROCESS BECAUSE

• method

• provide or assistance

• art of recording

• provide loans or credits

accounting is service activity

• method

• provide or assistance

• provide loans or credits

both an art

• art or recording

• method

creditors

• provide loans or credits

• provide goods

also known as balance sheet

• statement of financial position

• statement of financial problem

increase asset and increase equity

• investment

• withdrawal

decrease asset and equity

• withdrawal of asset

• purchase on asset

increase and decrease asset

• payment of liabilities

• purchase on asset

increase asset increase liability

• purchase in asset

• payment in liabilities

decrease in asset on liability

• payment in liabilities in cash

• withdrawal of asset