Study sets matching "accounting"

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Study sets matching "accounting"

22 terms
Accounting
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial inf…
A planned process for providing financial information that wi…
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and…
Accounting
Planning, recording, analyzing and interpreting financial inf…
Accounting system
A planned process for providing financial information that wi…
21 terms
Accounting
Accounting
Accounting system
Accounting records
Service business
Planning, recording, analyzing and interpreting financial inf…
A planned process for providing financial information that wi…
Organized summaries of a business's financial activities.
A business that preforms an activity for a fee.
Accounting
Planning, recording, analyzing and interpreting financial inf…
Accounting system
A planned process for providing financial information that wi…
Accounting
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial inf…
A planned process for providing financial information that wi…
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and…
Accounting
Planning, recording, analyzing and interpreting financial inf…
Accounting system
A planned process for providing financial information that wi…
18 terms
Accounting
assets
Liabilities
Owners Equity
Capital
anything owned
Any amount owed
Account used to summarize the owners equity in a business.
Amount remaining after all liabilities are subtracted from al…
assets
anything owned
Liabilities
Any amount owed
24 terms
Accounting
Accounts Receivable
Accounts Payable
Account Numbers
Accounts
Amounts Owed to the Business
Amounts a business owes for items or services purchased on cr…
Numbers assigned to accounts according to the chart of accoun…
Categories under the Assets, Liabilities and Owner's Equity h…
Accounts Receivable
Amounts Owed to the Business
Accounts Payable
Amounts a business owes for items or services purchased on cr…
20 terms
Accounting
Wage
letter of credit
to accept a bill
account
заработная плата
аккредитив
акцептировать вексель
расчетный счет
Wage
заработная плата
letter of credit
аккредитив
17 terms
Accounting
liabilities
long-term liabilities
fixed assets
current assets
обязательства
долгосрочные обязательства
долгосрочные активы
текущие (краткосрочные) активы
liabilities
обязательства
long-term liabilities
долгосрочные обязательства
Accounting
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial inf…
A planned process for providing financial information that wi…
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and…
Accounting
Planning, recording, analyzing and interpreting financial inf…
Accounting system
A planned process for providing financial information that wi…
116 terms
Accounting
GAAP
Three Organizations that is developmen…
Capital allocations
Financial reporting
"Generally accepted" an authoritative accounting rule-making…
1. Securities and Exchange Commission (SEC)... 2. American Ins…
It promotes productivity, encourages inovation, and provide a…
President letters supplementary schedules in corporate annual…
GAAP
"Generally accepted" an authoritative accounting rule-making…
Three Organizations that is developmen…
1. Securities and Exchange Commission (SEC)... 2. American Ins…
15 terms
Accounting
Gross Income
Medicare
Net Pay
Payroll Register
the total amount of income from wages before any payroll dedu…
A federal program of health insurance for persons 65 years of…
Amount of income left after taxes and deductions have been ta…
a business form used to record payroll information
Gross Income
the total amount of income from wages before any payroll dedu…
Medicare
A federal program of health insurance for persons 65 years of…
Accounting
Tax inspector
Commodity trader
Tax return
Market analyst
inspektor podatkowy
handlowiec towarowy
roczne zeznanie podatkowe
analityk giełdowy
Tax inspector
inspektor podatkowy
Commodity trader
handlowiec towarowy
175 terms
Accounting
Account
Accountant
Account balance
Accounting
a device for recording the changes (increases or decreases) i…
one who is concerned with the design of the system of records…
the difference between the total debits and the total credits…
a language of business employed to communicate financial info…
Account
a device for recording the changes (increases or decreases) i…
Accountant
one who is concerned with the design of the system of records…
21 terms
Accounting
Note payable
Note receivable
Prepaid insurance
Rent expense
Is a liability account. That means + credit and - debit. It i…
Is asset account and it is used if you loan money and are owe…
Is an asset account which represents insurance that has been…
Is a liability account that is recorded under stockholder's e…
Note payable
Is a liability account. That means + credit and - debit. It i…
Note receivable
Is asset account and it is used if you loan money and are owe…
122 terms
Accounting
accumulated other comprehensive income
Appropriated Retained Earnings
capital maintenance approach
changes in estimates
An entry in the stockholders' equity section of the balance s…
A retained earnings account that is restricted for a specific…
An income measurement approach in which a company determines…
Adjustments or changes that companies must make because finan…
accumulated other comprehensive income
An entry in the stockholders' equity section of the balance s…
Appropriated Retained Earnings
A retained earnings account that is restricted for a specific…
16 terms
Accounting
Asset
Liability
Accrual
Depreciation
MONEY... › something that a person or company owns that has a va…
RESPONSIBILITY [U]... › legal responsibility for something:... They…
› [C or U] FINANCE an ​increase in an ​amount of ​money over…
To lose value over a period of time.
Asset
MONEY... › something that a person or company owns that has a va…
Liability
RESPONSIBILITY [U]... › legal responsibility for something:... They…
22 terms
Accounting
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial inf…
A planned process for providing financial information that wi…
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and…
Accounting
Planning, recording, analyzing and interpreting financial inf…
Accounting system
A planned process for providing financial information that wi…
84 terms
accounting
un compte courant
un comptable
plan comptable
service comptable
account, current
accountant
accounting system
accounts department
un compte courant
account, current
un comptable
accountant
Accounting
accounting
balance
debit
liabilities
Planning, recording, analyzing, and interpreting financial in…
A condition in which different elements are equal or in the c…
Any transaction that increases the assets of a firm or reduce…
What the business owes to others (debts)
accounting
Planning, recording, analyzing, and interpreting financial in…
balance
A condition in which different elements are equal or in the c…
Accounting
Able to work alone
Cooperative
Enthusiastic
Punctual
I can work alone without the manager's supervise. I can manag…
I can work as a member in a team. I can get along with my tea…
I am willing, ready to take part in all the company's activit…
I always finish my tasks on time as my manager required. I go…
Able to work alone
I can work alone without the manager's supervise. I can manag…
Cooperative
I can work as a member in a team. I can get along with my tea…
accounting
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
17 terms
Accounting
amortization
Deed
lien
contingency
分期偿还
契约
留置权,扣押权
依附条件,制约条件
amortization
分期偿还
Deed
契约
99 terms
Accounting
GAAP
Three Organizations that is developmen…
Financial statements
Financial statements: These statements…
"Generally accepted" an authoritative accounting rule-making…
1. Securities and Exchange Commission (SEC)... 2. American Ins…
The principle means through which a company communicates its…
1. the balance sheet... 2. income statement... 3. Statement of…
GAAP
"Generally accepted" an authoritative accounting rule-making…
Three Organizations that is developmen…
1. Securities and Exchange Commission (SEC)... 2. American Ins…
Accounting
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…
A method of accounting that records transactions at the time…
An accounting method in which income and expenditures are rec…
Accounting
The process of keeping and interpreting financial records.
Accounting System
The methods and procedures used in consistently handling the…
Accounting
Account.
Account Balance.
Accountant.
Accounting Cycle.
A device for recording the changes (increases or decreases) i…
The difference between the total debits and the total credits…
One who is concerned with the design of the system of records…
The process involved in journalizing, posting to the ledger,…
Account.
A device for recording the changes (increases or decreases) i…
Account Balance.
The difference between the total debits and the total credits…
21 terms
Accounting
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial inf…
A planned process for providing financial information that wi…
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and…
Accounting
Planning, recording, analyzing and interpreting financial inf…
Accounting system
A planned process for providing financial information that wi…
20 terms
Accounting
Accounting records
Financial statements
Service business
Proprietorship
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and…
A business that preforms an activity for a fee.
A business owned by one person.
Accounting records
Organized summaries of a business's financial activities.
Financial statements
Financial reports that summarize the financial condition and…
175 terms
Accounting
Account
Accountant
Account balance
Accounting
a device for recording the changes (increases or decreases) i…
one who is concerned with the design of the system of records…
the difference between the total debits and the total credits…
a language of business employed to communicate financial info…
Account
a device for recording the changes (increases or decreases) i…
Accountant
one who is concerned with the design of the system of records…
17 terms
Accounting
assets
Liabilities
Owners Equity
Capital
anything owned
Any amount owed
Account used to summarize the owners equity in a business.
Amount remaining after all liabilities are subtracted from al…
assets
anything owned
Liabilities
Any amount owed
22 terms
Accounting
Accounting
Accounting System
Accounting records
Financial statement
Planning, recording, analyzing, and interpreting financial in…
A planned process for providing financial information that wi…
Organized summaries of a business's financial activities
Financial reports that summarize financial conditions and ope…
Accounting
Planning, recording, analyzing, and interpreting financial in…
Accounting System
A planned process for providing financial information that wi…
Accounting
Assets
Liabilities
Inventory
Equity
Everything the business owns in order to operate successfully…
All the money the company owes to others are considered liabi…
: Products on hand that the business plans to sell.
All the money invested in the company by the owners
Assets
Everything the business owns in order to operate successfully…
Liabilities
All the money the company owes to others are considered liabi…
12 terms
ACCOUNTING
accounting
account
accountant
credit
Planning, recording, analyzing, and interpreting financial in…
A record or statement of receipts and expenditures, or of bus…
A person who plans, summarizes, analyzes, and interprets acco…
The right side of a standard account
accounting
Planning, recording, analyzing, and interpreting financial in…
account
A record or statement of receipts and expenditures, or of bus…
7 terms
accounting
accounting is
bookkeeper
accountant
business
the language of business
records business transactions
prepares financial statements
to make money (profit) but work hard
accounting is
the language of business
bookkeeper
records business transactions
11 terms
Accounting
Accountant
Asset
Cash
Inventory
Accountant
Asset
ACCOUNTING
audit
budget
build up
client
thanh tra
ngân sách
xây dựng
khách hàng
audit
thanh tra
budget
ngân sách
209 terms
Accounting
ajustes para arribar al flujo neto de…
acreedor con caución, garantizado por…
acreedor privilegiado
activar costos de endeudamiento
adjustments to achieve net cash flows provided by operating a…
bond creditor
secured creditor
to capitalize borrowing costs
ajustes para arribar al flujo neto de…
adjustments to achieve net cash flows provided by operating a…
acreedor con caución, garantizado por…
bond creditor
22 terms
Accounting
Accounting
accounting system
accounting record
financial statements
Planning,recording,analyzing,and interpreting financial infor…
A planned process for providing financial information that wi…
Organized summaries of a business's financial activites
financial reports that summarize the financial condition and…
Accounting
Planning,recording,analyzing,and interpreting financial infor…
accounting system
A planned process for providing financial information that wi…
22 terms
Accounting
Accounting
accounting system
accounting record
financial statements
Planning,recording,analyzing,and interpreting financial infor…
A planned process for providing financial information that wi…
Organized summaries of a business's financial activites
financial reports that summarize the financial condition and…
Accounting
Planning,recording,analyzing,and interpreting financial infor…
accounting system
A planned process for providing financial information that wi…
20 terms
Accounting
Account
Accounting Cycle
Accounting Equation
Adjusting Entries
A record of the increases and decreases of the amount of a sp…
Activities the business completes within the fiscal period
Assets = Liabilities + Stockholder's Equity
Entries made to update certain accounts at the end of the fis…
Account
A record of the increases and decreases of the amount of a sp…
Accounting Cycle
Activities the business completes within the fiscal period
10 terms
Accounts
Current assets
Current liabilities
Unpresented cheque
Outstanding lodgement
cash and other assets expected to be exchanged for cash or co…
liabilities due within a short time, usually within a year
A cheque that has not yet been presented for payment by the p…
amounts paid into the bank, not yet recorded on the bank stat…
Current assets
cash and other assets expected to be exchanged for cash or co…
Current liabilities
liabilities due within a short time, usually within a year
155 terms
accounting
Accounting Flash Card
accounting
account
account balance
By Kevincpa
planning,recording,analyzing, and interpreting financial info…
a record summarizing all the information pertaining to a sing…
the amount in an account.
Accounting Flash Card
By Kevincpa
accounting
planning,recording,analyzing, and interpreting financial info…
21 terms
Accounting
Transaction
Identify, record, communicate
FASB, SEC
Compound entry
Accountans reffer to an economic event as a
The accounting process of correctly sequenced as
The two organizations that are primarily responsible for esta…
When three or more accounts are required in one journal entry…
Transaction
Accountans reffer to an economic event as a
Identify, record, communicate
The accounting process of correctly sequenced as
190 terms
Accounting
Closing Entries
contra account
credit
creditor
journal entries used to prepare temporary accounts for an new…
an account that reduces a related account on a financial stat…
the amount recorded on the right side of the t account
a person or organization to whom a liability is owed
Closing Entries
journal entries used to prepare temporary accounts for an new…
contra account
an account that reduces a related account on a financial stat…
108 terms
Accounting
Usefulness for decision making
Analyze each transaction, enter the tr…
Discloses complete effects of the tran…
credits
What is the primary criterion by which accounting can be judg…
What are the three steps in the recoding process?
What are three contributions the journal makes to the recordi…
Assets are decreased by?
Usefulness for decision making
What is the primary criterion by which accounting can be judg…
Analyze each transaction, enter the tr…
What are the three steps in the recoding process?
Accounting
Accounting
Features of accounting information sys…
Management accounting
Financial accounting
is concerned with collecting, analysing and communicating fin…
-Identifying and capturing relevant information... -Recording, i…
seeks to meet accounting needs for managers
seeks to meet those of all users identified except managers
Accounting
is concerned with collecting, analysing and communicating fin…
Features of accounting information sys…
-Identifying and capturing relevant information... -Recording, i…
Accounting
Balance Sheet
Assets
Accounts receivable
Liabilities
List of all assets, liabilities and owner's equity of an orga…
Items of value owned by a business
...
Amounts owed by a business to external parties
Balance Sheet
List of all assets, liabilities and owner's equity of an orga…
Assets
Items of value owned by a business
30 terms
Accounting
Accounting
Current asset
Amortization
Accounts Payable
is the measurement, processing and communication of financial…
is any asset reasonably expected to be sold, consumed, or exh…
Reduces debts through equal payments that include interest.
are liabilities of a business and represent money owed to oth…
Accounting
is the measurement, processing and communication of financial…
Current asset
is any asset reasonably expected to be sold, consumed, or exh…
17 terms
Accounting
Sales journal
Cash receipts journal
Cash payments journal
Purchase journal
A special journal used to record only sales of merchandise on…
A book of original entry in which only cash received are reco…
a special journal used to record only cash payment transactions
a special journal used to record only purchases of merchandis…
Sales journal
A special journal used to record only sales of merchandise on…
Cash receipts journal
A book of original entry in which only cash received are reco…
16 terms
Accounting
Accounting
accounts payable
accounts receivable
financial statements
the process of recording and reporting the financial position…
the money a business owes to its creditors
the money a business receives for products or services provid…
documents that summarize the changes resulting from business…
Accounting
the process of recording and reporting the financial position…
accounts payable
the money a business owes to its creditors
144 terms
Accounting
assume the role of
solid foundation
sentiment
comply with standards
przyjąć rolę
trwały fundament
1. opinia, zdanie (na jakiś temat) formalnie... 2. sentyment, uc…
przestrzegać standardów
assume the role of
przyjąć rolę
solid foundation
trwały fundament
Accounting
Accounting
Accounts Payable
Accounts Receivable
Financial Statements
The process of recording and reporting the financial position…
The money a business owes to its creditors.
The money a business receives for products or services provid…
Documents that summarize the changes resulting from business…
Accounting
The process of recording and reporting the financial position…
Accounts Payable
The money a business owes to its creditors.
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