|1. To be clear of debt2. If current assets are less than current liabilities3. The money obtained from selling company's current tangible assets4. Although accounting is one of the oldest professions in the world, 5. Both a person and a company can own such items of value as6. In order to operate the business properly one should take into account7. Accountants are supposed to deal with8. The amount of owner's investment interest||a) is usually calculated at the end of a fiscal year.b) a stock, a plot of land, a building or a machine.c) the company should sell off part of its receivable accounts.d) the management of financial resources and the representation of other aspects of the business in financial itemse) it took much time to find satisfactory general methods of keeping financial records.f) that the accounting system is just one means of processing information in an organization.g) is unlikely to cover the company's debts.h) the stockholders can not expect any dividends|
Exercise IV. Переведіть пропозиції на російську мову, звертаючи увагу на -ing форми.
1. Proper organization of a company's accounting system plays an important role in maintaining the fundamental accounting equation in balance.
Text 4. THE DEVELOPMENT OF THE ACCOUNTING THOUGHT | Some scholars assume that writing appeared because it was necessary ... | Notes to the text | Bookkeepers deal in taxes, cash flow, which includes cash receipts and cash disbursements, sales, purchases and different business transactions of the company. | ACCOUNTING | Text 7. AUDITOR AND THEIR REPORT | Fraudulent обманний шахрайський | Exercise 4. | Active vocabulary | VOCABULARY AND GRAMMAR EXERCISES |