英语翻译
Accounting Measurement
1.Explain the importance of business transactions,money measure,and separate entity.
2.To make an accounting measurement,the accountant must answer four basic questions:
What is measured?
When should the measurement be made?
What value should be placed on what is measured?
How should what is measured be classified?
3.Business Transactions
Economic events that affect the financial position of a business
An exchange of value
Purchase
Sale
Payment
Collection
Events that have the same effect as an exchange of value (nonexchange transactions)
Loss from fire,flood,theft
Physical wear and tear on equipment
Accumulation of interest
请帮忙翻译下下面的句子 而不只是题目