Difference between revisions of "Service company"
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| − | + | A [[service company]] (hereinafter, the ''Company'') is a [[legal entity]] that provides one or more [[service]]s. The ''Company'' is not necessarily a [[service provider]]. | |
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| + | ==Definitions== | ||
| + | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
| + | :[[Service company]]. An [[organization]] that provides one or more [[service]]s. | ||
| + | According to [[Managerial Accounting by Braun, Tietz (5th edition)]], | ||
| + | :[[Service company]]. A company that sells intangible services rather than tangible products. | ||
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| + | ==Related concepts== | ||
| + | *[[Bookkeeping]]. Recording, filing, and retrieving of [[financial data]], as well as producing those [[financial report]]s that are required by laws. | ||
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| + | ==Related lectures== | ||
| + | *[[Principles of Accounting]]. | ||
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| + | [[Category: International Accounting]][[Category: Articles]][[Category: Accounting]] | ||
Latest revision as of 17:44, 11 December 2020
A service company (hereinafter, the Company) is a legal entity that provides one or more services. The Company is not necessarily a service provider.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Service company. An organization that provides one or more services.
According to Managerial Accounting by Braun, Tietz (5th edition),
- Service company. A company that sells intangible services rather than tangible products.
Related concepts
- Bookkeeping. Recording, filing, and retrieving of financial data, as well as producing those financial reports that are required by laws.
