A cash register, also referred to as a till in the United Kingdom and other Commonwealth countries, is a mechanical or electronic device for registering and calculating transactions. It is usually attached to a drawer for storing cash and other valuables.
Internal equity is a term related to various considerations about a workerâs view of the wages he or she receives in relation to ideas or observation of what wages he or she should.
DEFINITION of 'Equity Accounting'. A method of accounting whereby a corporation will document a portion of the undistributed profits for an affiliated company in which they own a position. Next Up. The amount of undistributed profits that the corporation decides to document is generally equal to the percentage of equity it controls. In many cases, the profits of the affiliated company are never distributed to the corporation. Affiliate. A type of inter-company relationship in which one of the companies ...