42 Basic Accounting Terms Study
42Guide
BasicAccounting
AccountingConcepts
Terms Study
and
42Guide
Definitions
BasicAccounting
Accounting
Review.pdf
Concepts
Terms Study
and Guide
Definitions
Accounting
Review.pdf
Concepts and Definitions Review.pdf
42 Basic
Accounting Terms
Study Guide
Accounting
Concepts and
Definitions Review
42 Basic Accounting Terms Study
42Guide
BasicAccounting
AccountingConcepts
Terms Study
and
42Guide
Definitions
BasicAccounting
Accounting
Review.pdf
Concepts
Terms Study
and Guide
Definitions
Accounting
Review.pdf
Concepts and Definitions Review.pdf
, 42 Basic Accounting Terms.pdf 42 Basic Accounting Terms.pdf 42 Basic Accounting Terms.pdf
1 Solvency 2 Profitability
3 Diversification 4 Liquidity
Don't know?
Terms in this set (42)
Accounts Payable (AP) expenses that a business has incurred but has not yet paid.
Accounts Receivable (AR) include all of the revenue (sales) that a company has provided but has not yet collected
payment on.
Accrued Expense An expense that been incurred but hasn't been paid .
Asset (A) Anything that has monetary value.
Balance Sheet (BS) A financial statement that reports on all of a company's assets, liabilities, and equity.
Book Value (BV) As an asset is depreciated, it loses value.
Equity (E) Equity denotes the value left over after liabilities have been removed.
Inventory Inventory is the term used to classify the assets that a company has purchased to sell to its
customers that remain unsold.
42 Basic Accounting Terms.pdf 42 Basic Accounting Terms.pdf 42 Basic Accounting Terms.pdf
42Guide
BasicAccounting
AccountingConcepts
Terms Study
and
42Guide
Definitions
BasicAccounting
Accounting
Review.pdf
Concepts
Terms Study
and Guide
Definitions
Accounting
Review.pdf
Concepts and Definitions Review.pdf
42 Basic
Accounting Terms
Study Guide
Accounting
Concepts and
Definitions Review
42 Basic Accounting Terms Study
42Guide
BasicAccounting
AccountingConcepts
Terms Study
and
42Guide
Definitions
BasicAccounting
Accounting
Review.pdf
Concepts
Terms Study
and Guide
Definitions
Accounting
Review.pdf
Concepts and Definitions Review.pdf
, 42 Basic Accounting Terms.pdf 42 Basic Accounting Terms.pdf 42 Basic Accounting Terms.pdf
1 Solvency 2 Profitability
3 Diversification 4 Liquidity
Don't know?
Terms in this set (42)
Accounts Payable (AP) expenses that a business has incurred but has not yet paid.
Accounts Receivable (AR) include all of the revenue (sales) that a company has provided but has not yet collected
payment on.
Accrued Expense An expense that been incurred but hasn't been paid .
Asset (A) Anything that has monetary value.
Balance Sheet (BS) A financial statement that reports on all of a company's assets, liabilities, and equity.
Book Value (BV) As an asset is depreciated, it loses value.
Equity (E) Equity denotes the value left over after liabilities have been removed.
Inventory Inventory is the term used to classify the assets that a company has purchased to sell to its
customers that remain unsold.
42 Basic Accounting Terms.pdf 42 Basic Accounting Terms.pdf 42 Basic Accounting Terms.pdf
