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IT in Accounting Meaning

The IT meaning in Accounting terms is "Income Tax". There are 2 related meanings of the IT Accounting abbreviation.

IT on Accounting Full Forms

  1. Income Tax Income tax is the tax paid as a percentage of business or personal income.
  2. Interest Charge

Frequently Asked Questions (FAQ)

  1. What does IT stand for Accounting?

    IT stands for Interest Charge in Accounting terms.

  2. What is the shortened form of Income Tax in Accounting?

    The short form of "Income Tax" is IT for Accounting.

Citation

IT in Accounting. Acronym24.com. (2022, February 22). Retrieved April 29, 2024 from https://acronym24.com/it-meaning-in-accounting/

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