Study sets matching "accounting"
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial info…
A planned process for providing financial information that wil…
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and o…
Accounting
Planning, recording, analyzing and interpreting financial info…
Accounting system
A planned process for providing financial information that wil…
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial info…
A planned process for providing financial information that wil…
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and o…
Accounting
Planning, recording, analyzing and interpreting financial info…
Accounting system
A planned process for providing financial information that wil…
Accounting
Accounting system
Accounting records
Service business
Planning, recording, analyzing and interpreting financial info…
A planned process for providing financial information that wil…
Organized summaries of a business's financial activities.
A business that preforms an activity for a fee.
Accounting
Planning, recording, analyzing and interpreting financial info…
Accounting system
A planned process for providing financial information that wil…
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial info…
A planned process for providing financial information that wil…
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and o…
Accounting
Planning, recording, analyzing and interpreting financial info…
Accounting system
A planned process for providing financial information that wil…
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial info…
A planned process for providing financial information that wil…
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and o…
Accounting
Planning, recording, analyzing and interpreting financial info…
Accounting system
A planned process for providing financial information that wil…
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial info…
A planned process for providing financial information that wil…
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and o…
Accounting
Planning, recording, analyzing and interpreting financial info…
Accounting system
A planned process for providing financial information that wil…
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial info…
A planned process for providing financial information that wil…
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and o…
Accounting
Planning, recording, analyzing and interpreting financial info…
Accounting system
A planned process for providing financial information that wil…
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial info…
A planned process for providing financial information that wil…
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and o…
Accounting
Planning, recording, analyzing and interpreting financial info…
Accounting system
A planned process for providing financial information that wil…
Managerial Accounting
Financial accounting
Variable costs
fixed costs
-Managerial Accounting-reports to managers inside the organiza…
-reports to those outside the organization, such as owners, cr…
-a variable cost varies, in total in direct proportion to chan…
- a fixed cost is a cost that remains the same, constant no ma…
Managerial Accounting
-Managerial Accounting-reports to managers inside the organiza…
Financial accounting
-reports to those outside the organization, such as owners, cr…
GAAP
Three Organizations that is development…
Financial statements
Financial statements: These statements…
"Generally accepted" an authoritative accounting rule-making b…
1. Securities and Exchange Commission (SEC)... 2. American Inst…
The principle means through which a company communicates its f…
1. the balance sheet... 2. income statement... 3. Statement of c…
GAAP
"Generally accepted" an authoritative accounting rule-making b…
Three Organizations that is development…
1. Securities and Exchange Commission (SEC)... 2. American Inst…
Accounting
Accounting System
Accrual Accounting ... Method
Cash Accounting ... Method
The process of keeping and interpreting financial records.
The methods and procedures used in consistently handling the b…
A method of accounting that records transactions at the time t…
An accounting method in which income and expenditures are reco…
Accounting
The process of keeping and interpreting financial records.
Accounting System
The methods and procedures used in consistently handling the b…
Balance Sheet
Income statement
Statement of stockholders equity
Statement of cash flows
Assets = Liabilities + Stockholders equity
Revenues - Expenses = Net income
Stockholders equity:... Common stock + Retained earnings
Operation activities... Investing activities... Financing activities
Balance Sheet
Assets = Liabilities + Stockholders equity
Income statement
Revenues - Expenses = Net income
fraud triangle
GAAP (Generally Accepted Accounting Pri…
measurement principle (or cost principl…
revenue recognition principle
opportunity, rationalization, financial pressure
concepts and rules governing financial accounting. aim: to mak…
accounting info is based on actual cost. actual cost is consid…
1. recognize revenue when it is earned... 2. proceeds need not be…
fraud triangle
opportunity, rationalization, financial pressure
GAAP (Generally Accepted Accounting Pri…
concepts and rules governing financial accounting. aim: to mak…
GAAP
Three Organizations that is development…
Financial statements
Financial statements: These statements…
"Generally accepted" an authoritative accounting rule-making b…
1. Securities and Exchange Commission (SEC)... 2. American Inst…
The principle means through which a company communicates its f…
1. the balance sheet... 2. income statement... 3. Statement of c…
GAAP
"Generally accepted" an authoritative accounting rule-making b…
Three Organizations that is development…
1. Securities and Exchange Commission (SEC)... 2. American Inst…
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial info…
A planned process for providing financial information that wil…
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and o…
Accounting
Planning, recording, analyzing and interpreting financial info…
Accounting system
A planned process for providing financial information that wil…
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial info…
A planned process for providing financial information that wil…
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and o…
Accounting
Planning, recording, analyzing and interpreting financial info…
Accounting system
A planned process for providing financial information that wil…
Checking Account
endorsment
special endorsment
restrictive endorsment
A blank account from which payments can be ordered by a deposi…
A signature or stamp on the back of a check transferring owner…
An endorsment indicating a new owner of a check
An endorment restricting further transfer of a checks ownership
Checking Account
A blank account from which payments can be ordered by a deposi…
endorsment
A signature or stamp on the back of a check transferring owner…
Accounts Receivable
Accounts Payable
Account Numbers
Accounts
Amounts Owed to the Business
Amounts a business owes for items or services purchased on cre…
Numbers assigned to accounts according to the chart of account…
Categories under the Assets, Liabilities and Owner's Equity he…
Accounts Receivable
Amounts Owed to the Business
Accounts Payable
Amounts a business owes for items or services purchased on cre…
assets
Liabilities
Owners Equity
Capital
anything owned by the business
Any amount owed to outside parties
Account used to summarize the owners equity in a business.
Amount remaining after all liabilities are subtracted from all…
assets
anything owned by the business
Liabilities
Any amount owed to outside parties
Gross Income
Medicare
Net Pay
Payroll Register
the total amount of income from wages before any payroll deduc…
A federal program of health insurance for persons 65 years of…
Amount of income left after taxes and deductions have been tak…
a business form used to record payroll information
Gross Income
the total amount of income from wages before any payroll deduc…
Medicare
A federal program of health insurance for persons 65 years of…
Accounts Receivable
Accounts Payable
Accounts
Assets
Amounts owed to the business for services
Amounts a business owes for items or services purchased on cre…
Categories under the Assets, Liabilities and Owner's Equity he…
Items of value owned by the business.
Accounts Receivable
Amounts owed to the business for services
Accounts Payable
Amounts a business owes for items or services purchased on cre…