Types of Data. We'll talk about data in lots of places in The Knowledge Base, but here I just want to make a fundamental distinction between two types of data: qualitative and quantitative. The way we typically define them, we call data 'quantitative' if it is in numerical form and 'qualitative' if it is not.
FC: Foreign Country (IRB) FC: Family Circle (magazine) FC: Financial Consultant: FC: Financial Center: FC: Financial Controller: FC: Financial Company: FC: Fine Condition (used books/collectibles) FC: Family Channel (ABC/Disney) FC: Foreign Corporation: FC: Financial Cryptography and Data Security
Accounting Equation for a Corporation: Transactions C1âC2. The accounting equation (or basic accounting equation) for a corporation is. In our examples below, we show how a given transaction affects the accounting equation for a corporation. We also show how the same transaction will be recorded in the company's general ledger accounts. Our examples will also show the effect of each transaction on the balance sheet and income statement.