Accounting terms

by hammerbcn
(123 terms)
term Description
accounts payable
accounts receivable
adjusted gross income
annual balance sheet
audit trail
bookkeeping
cash flow
cost of goods sold
credit
debit
dividend
equity
expenses incurred
fixed assets
gross income
liabilities
net income
profit and loss account
provision
return on investment
ledger
tax
variable assets
write off
year-end
capital stock
double-entry
goodwill
depreciation
liquid assets
loans
operating income
retained earnings
payroll
statement of account
net revenue
shareholder
accountant
tax auditor
depreciation
accrual
acid-test ratio
amortization
financial statement
audit
bankruptcy
receivership
bottom line
breakeven point
capital gain
capitalized lease
cash account
compliance
cost of goods sold
cost accounting
debtor
creditor
deferral
deferred debt
earnings per share
escrow account
overhead
fiscal year
account
balance
account balance
accounting
turnover
accrue
assets
debt
in the black
in the red
budget
payment
canceled check
bank statement
calendar year
cooking the books
bounced check
expense
interest
pay stub
drawer
endorse
money order
earnings
endorsed check
sales ledger
social security
invoice
deposit slip
short term
long term
mature
mortgage
net worth
maturity date
net
gross
operating expenses
profits
revenue
advance
tangible assets
cost
other income
income bracket
retirement
payee
purchase
raise
purchase order
salary
rate
pay day
wages
retirement account
discount
back pay
unemployment
margin
back wages