Asked By: Aletha Lindgren
Date created: Sun, Jun 6, 2021 2:51 PM
Date updated: Tue, Nov 1, 2022 7:41 AM
Top best answers to the question «What does entity mean in financial accounting»
In accounting, the entity definition is an established account that has independent tax and legal ramifications. A business entity could be a sole proprietorship, a limited liability company, corporation or partnership.