payroll
journal
chart of accounts
profit
cash
financial statement
Unit of Measurement
general ledger
revenue
debit
credit
accounts payable
accounts receivable
expenses
Objective Evidence
accrual accounting
sales
depreciation
balance sheet
income statement
equity
Realization of Revenue
liability
asset
Accounting Period Cycle
Business Entity
Consistent Reporting
Full Disclosure
Going Concern
Historical Cost
accounts receivable
accounts payable
income statement
source documents
general journal
cost principle
general ledger
balance sheet
trial balance
accounting
correction
harmonized
provincial
liability
inventory
perpetual
purchases
equation
decrease
increase
periodic
revenue
expense
federal
invoice
payment
receipt
reverse
equity
cheque
credit
asset
debit
entry
sales
taxes
bank
cash
operations management
strategic management
accounts receivable
income statement
accounts payable
human resources
general ledgers
general journal
trial balance
balance sheet
owners equity
service fees
liabilities
commission
electricty
marketing
bank loan
telephone
insurance
inventory
buildings
interest
internet
salaries
vehicles
drawings
expenses
finance
revenue
assets
sales
wages
rates
rent
cash
land
MERCHANDISE
LIABILITIES
ACCOUNTING
INVESMENTS
STATEMENT
INVENTORY
CHECKBOOK
DISCOUNT
EXPENSES
JOURNAL
RETURNS
CAPITAL
BALANCE
DEPOSIT
BANKING
LEDGER
SALARY
PROFIT
CREDIT
INCOME
ASSETS
LOANS
TRADE
WAGES
GOODS
DEBIT
SALES
TAXES
LOSS
CASH
Accumulated Depreciation
Accounts Receivable
Cost of goods sold
Adjusting Entries
Accounts Payable
Income Statement
Historical Cost
Closing Entries
Residual Value
Owners Equity
Balance Sheet
Depreciation
Liabilities
Net Income
Net Loss
Drawings
Expenses
Invoice
Revenue
Capital
Profit
Credit
Assets
Debit
DEPRECIATION
CORPORATION
MERCHANDISE
ADJUSTMENT
BOOK VALUE
MEMORANDUM
INVENTORY
LIABILITY
DIVIDEND
EXPENSES
PURCHASE
INVOICE
JOURNAL
PAYROLL
POSTING
PREPAID
RECEIPT
REVENUE
CREDIT
EQUITY
LEDGER
SALARY
SOURCE
ASSET
DEBIT
SALES
SHARE
CASH
Net Earnings / Average Shareholder's Equity
Net Earnings + Interest Expense / Average Total Assets
Return on Equity - Return on Assets
Net Earnings Available to Common Shareholders / Average Number C.S. Outstanding
Cash Flow from Operating Activities / Net Earnings
Net Earnings / Net Sales
Net Sales / Average net Fixed Assets
Cash + Cash Equivalents / Current Liabilities
Current Assets / Current Liabilities
Quick Assets / Current Liabilities
Net Credit Sales / Average Net Trade Receivables
Cost of Sales / Average Inventory
Cost of Sales / Average Net Trade Payables
Net Earnings + Interest Expense + Income Tax Expense / Interest Expense
Total Liabilities / Shareholders' Equity
Current Market Price per Share / Earnings Per Share
Accounting Equation
checking account
profit and loss
adjusting entry
trial balance
balance sheet
journal entry
depreciation
write checks
fixed asset
merchandise
cash flows
receivable
quickbooks
accounting
liability
inventory
business
customer
bad debt
payroll
expense
revenue
deposit
service
invoice
finance
income
assets
equity
vendor
budget
excel
farm
cash
ein
Credit
Debit
Accounts Receivable
Accounts Payable
Balance Sheet
Income Statement
Accrual Method
Accounting Period
Cash Method
Chart of Accounts
Double Entry Accounting
Fixed Asset
Inventory
Liability
Accounting Equation
Net Income
Equity
Cost of Goods Sold
Revenue
Expense
Tangible Personal Property
Intangible Asset
General Ledger
Reconciling
describes the sources and uses of cash for a reporting period
charge for using money until repaid at a future date
security that represents ownership in a corporation; holders exercise control by electing a board of directors and voting on corporate policy
amount by which a company's value exceeds the value of its individual assets and liabilities
class of ownership in a corporation that has a higher claim on its assets and earnings than common stock
net sales minus cost of goods sold
record within an accounting system where increases and decreases in a specific asset, liability, equity, revenue, or expense are entered and stored
process of allocating the cost of an intangible asset to expense over its estimated useful life
an entry that increases asset and expense accounts, and decreases liability, equity ad revenue accounts
income statement, balance sheet, statement of changes in owner’s equity, and statement of cash flows
customers and other individuals and organizations who owe a company
journal entry at the end of an accounting period to bring an asset or liability account to its proper amount and update the related expense or revenue account
total cost of an asset less its accumulated depreciation
an asset created by selling products or services on credit
method to assign cost to inventory that assumes items are sold in the order acquired
entity created by law and separate from its owners
inflows of assets in exchange for products and services provided to customers as part of a company’s operations
length of time an asset will be productively used in the operations of a business
occurs when expenses exceed revenues
merchandise a company owns and expects to sell in its normal operations
estimate of amount to be recovered at the end of an asset's useful life
expense created by allocating the cost of plant and equipment to periods in which they are used; represents the expense of using an asset
resources owned or controlled by a company that provide expected future benefits to the company
a liability created by buying products or services on credit
obligations due to be paid or settled within the longer of one year of the operating cycle
equals a corporation’s accumulated net income (loss) for all prior periods that has not been distributed to shareholders