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Fun Fact Friday!

Many accounting terms have Latin roots

Accounting may be called ‘the language of business’, but did you know that many well known accounting terms are derived from Latin? 

The word ‘debit’ means ‘he owes’ in Latin, while ‘credit’ means ‘he trusts’. The word ‘accountant’ is derived from the Latin ‘computare’, which means ‘count’.

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This entry was posted on Friday, May 5th, 2017 at 7:41 pm. Both comments and pings are currently closed.