Definition of rub for English Language Learners. : 1  to move something (such as your hand or an object) back and forth along the surface of (something) while pressing. : 2  to move (two things) back and forth against each other. : 3  to move back and forth many times against something in a way that causes pain or damage.
Fundamentals of Accounting: Basic Accounting Principles Simplified for Accounting Students. Can you believe that accounting can be made incredibly easy to study and learn? Fundamentals of Accounting - Basic Accounting Principles Simplified for Accounting Students will be to achieve what many accounting books failed to accomplish. Students who use this book will develop a fondness for accounting before the semester is over because they will find out that accounting is not difficult to learn, after all.
3 Essential Characteristics of Accounting. 1  Itâs an information system which means it involves a process or procedure. 2  It has an economic value which means it is stated in terms of money or currency.  It communicates financial information of a business to stakeholders or interested parties.