what is the meaning of recording in terms of money?
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Accounting measurement is the computation of economic or financial activities in terms of money, hours or other units. ... For example, when a company records weekly sales at $10,000, the same company could record those transactions in terms of units sold; for instance 5,000 units (of $2.00 products).
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Accounting measurement is the computation of economic or financial activities in terms of money, hours or other units. ... For example, when a company records weekly sales at $10,000, the same company could record those transactions in terms of units sold; for instance 5,000 units (of $2.00 products).
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