basic accounting unit　

basic accounting unit　基本核算单位　

a single item of the type of basic accounting.basic accounting normally includes the areas of Debits and Credits；Accounts；Assets，Liabilities，Equity，Revenue and Expenses；and，an accounting system that offers a method for checking，balancing，and reconciling all accounting related transactions in order to produce accurate pictures of the entities financial health.Profit and Loss Reports，Balance Sheets，and Cash Flow Statements are the end result of compiling all the transactions into meaningful，usable information for individuals and business owners alike.