Create an account
a person who handles a broad range of jobs related to the making of choices and decisions about the design for a business accounting system and the preparation and explanation of financial reports
3. Accounting clerk
entry-level job that can vary with the size of the company from specialization in one part of the system to a wide range of recordkeeping tasks
4. Accounting equation
an equation showing the relationship among assets, liabilities, and owner's equity
7. Adjusting entry
journal entries recorded to update general ledger accounts at the end of a fiscal period
an amount that is added to or subtracted from an account balance to bring the balance up to date
10. Balance sheet
a financial statement that reports assets, liabilities, and owner's equity on a specific date
a person who keeps regular, concise, accurate records of business transactions by entering them in account books
an organization with the legal rights of a person and which may be owned by many people
25. Financial statement
a report prepared to summarize the changes resulting from business transactions that occur during an accounting period
26. Fiscal period
the length of time for which a business summarizes and reports financial information
29. General office clerk
may be in charge of a small cash fund, file accounting records, type accounting reports
a gain measured in money that derives from capital or labor; also the amount of such gain received by an individual in a given period of time
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