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A mineral is a naturally occurring inorganic element or compound having an orderly internal structure and characteristic chemical composition, crystal form, and physical properties. Common minerals include quartz, feldspar, mica, amphibole, olivine, and calcite.
A rock is an aggregate of one or more minerals, or a body of undifferentiated mineral matter. Common rocks include granite, basalt, limestone, and sandstone.
Invoice and bill are a great example of the importance of words and communication. They are actually describing pretty much the same thing! So, why use two different words?
These popular sayings serve to explain that most of what we experience in life is subject to our perspective. The same can be true in accounting, with bills and invoices:
Even if you take the time to search the words equity and equality in the dictionary, you might walk away thinking they mean the same thing.
Merriam-Webster defines equitable as “dealing fairly and equally with all concerned” and equal as “of the same measure, quantity, amount, or number as another.”
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