Definition: To provide explanation.
Alright class, settle down now, let’s take a look,
At “accounting,” a word that needs a little hook!
The dictionary tells us, "To provide explanation," you see,
But that’s just the start, for accounting's complexity!
Think of it this way, like a story to unfold,
Of where money comes from, and how it’s controlled.
It’s more than just numbers, a simple, quick feat,
It's tracking every penny, both bitter and sweet!
We record transactions, with careful design,
To show what we earned, and what costs were in line.
Like tallying expenses, from bills to the store,
And showing profits that we’re striving for more!
So “providing explanation” is a part of the key,
But accounting's about truth – for you and for me!
Does that make a little clearer, don’t you think? Any questions to ask?