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Study sets matching "term:accounting = planning, recording, analyzing and interpreting financial information."

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Study sets matching "term:accounting = planning, recording, analyzing and interpreting financial information."

17 terms
Financial Planning
Revenue
Expenses
Budget
Start-up Budget
all income that a business receives over a period of time
costs of operating a business
detailed plans for the financial needs of a business
plans income and expenses from the beginning of a new busines…
Revenue
all income that a business receives over a period of time
Expenses
costs of operating a business
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…
11 terms
Accounting ch. 1a
account
account balance
account title
accounting
record that summarizes all the information having to do with…
the amount of money in an account
the name of the account
the process of planning, recording, analyzing and interpretin…
account
record that summarizes all the information having to do with…
account balance
the amount of money in an account
6 terms
Accounting Ch. 1
planning, recording, analyzing and int…
a planned process for providing financ…
organized summaries of a business's fi…
financial reports that summarize the f…
accounting
accounting system
accounting records
financial statements
planning, recording, analyzing and int…
accounting
a planned process for providing financ…
accounting system
20 terms
Accounting
account
account balance
account title
accounting
a record that summarizes all transactions pertaining to a sin…
a planned process designed to compile financial data and summ…
financial reports that summarize the financial condition and…
the process of planning recording analyzing and interpreting…
account
a record that summarizes all transactions pertaining to a sin…
account balance
a planned process designed to compile financial data and summ…
9 terms
Accounting
Account
Account balance
Account title
accounting
A record summerizing all the informatin pretaing to a songle…
The amount in an account
The name of an account
The planning recording analyzing and interpreting financial i…
Account
A record summerizing all the informatin pretaing to a songle…
Account balance
The amount in an account
11 terms
The Accounting Equation
Accounting
Accounting System
Accounting Records
Service business
Planning, recording, analyzing, and interpreting financial in…
A planned process for providing financial information that wi…
Organized summaries of a business's financial activities
A business that performs an activity for a fee
Accounting
Planning, recording, analyzing, and interpreting financial in…
Accounting System
A planned process for providing financial information that wi…
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…
48 terms
Activities of accounting
Recording
Classifying
Summarizing
Interpreting
Putting into records all the business
Sorting and grouping transactions
Financial statements for the users of financial information
Analyzing the financial statements
Recording
Putting into records all the business
Classifying
Sorting and grouping transactions
9 terms
Accounting Terms GAAP
Accounting records
Accounting Planning
Accountants
Bookkeeping
Orderely records of a business' financial information
Planning, keeping, analyzing and interpreting financial records
People who plan, summarize, analyze and interpret accounting…
People who do general accounting work plus some summarizing a…
Accounting records
Orderely records of a business' financial information
Accounting Planning
Planning, keeping, analyzing and interpreting financial records
32 terms
Financial Planning & Analyzing Insurance
Bank
Banking
Credit Union
Mortgage
Financial institution that stores and manages money for indiv…
Doing business with a bank.
Customer- or member-owned non-profit bank that offers basic b…
Loan agreement for a home between a borrower and a lender.
Bank
Financial institution that stores and manages money for indiv…
Banking
Doing business with a bank.
22 terms
Chapter 2: Analyzing and Recording Transactions
Account
Account balance
Balance column account
Chart of accounts
A record of increases and decreases in a specific asset, liab…
The difference between the total debits and total credits of…
A column used in the ledger to calculate an account's balance…
A list of accounts used by a business to prepare the financia…
Account
A record of increases and decreases in a specific asset, liab…
Account balance
The difference between the total debits and total credits of…
9 terms
Accounting chapter 1
accounting
accounting system
accounting records
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 activities.
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…
8 terms
acc. study guides-- chapter 2
Planning, analyzing, recording, and in…
A planned process for providing financ…
Organized summaries of a business's fi…
An accounting device used to analyze t…
accounting
accounting system
accounting records
T account
Planning, analyzing, recording, and in…
accounting
A planned process for providing financ…
accounting system
59 terms
Accounting I MidTerm 2015
Account
Account Balance
Account title
Accounting
A record summarizing all the information pertaining to a sing…
The amount in an account
The name given to an account
Planning, recording, analyzing, and interpreting financial in…
Account
A record summarizing all the information pertaining to a sing…
Account Balance
The amount in an account
21 terms
Accounting 1 Chapter 1
Accounting
Accounting System
Accounting Records
Service Business
Planning, recording, analyzing, and interpreting financial in…
A planned process for providing financial information that wi…
Organized summaries of a business's financial activities.
A business that performs an activity for a fee.
Accounting
Planning, recording, analyzing, and interpreting financial in…
Accounting System
A planned process for providing financial information that wi…
35 terms
Accounting Terms
Accountant
Accounting
Bookkeeper
Ethics
Handles a broad range of responsibilities, including making b…
Planning, recording, analyzing, and interpreting financial in…
A person who does general accounting work plus some summarizi…
A standard of conduct that all members of a given profession…
Accountant
Handles a broad range of responsibilities, including making b…
Accounting
Planning, recording, analyzing, and interpreting financial in…
12 terms
Accounting
Accounting
accounting system
Accounting record
Financial statements
Planning recording analyzing and interpreting financial infor…
A planned process for providing financial information
organized summaries of a business's financial activities
Financial reports that summarizes the financial condition and…
Accounting
Planning recording analyzing and interpreting financial infor…
accounting system
A planned process for providing financial information
40 terms
Financial Accounting
Financial Accounting
Cost Accounting
Managerial Accounting
Tax Accounting
Recording, Classifying, and summarizing transactions, deals w…
Determines cost by department, product, function, service
*Provide information to enhance controls... *Basis for managemen…
Preparation and filing of taxes ... -Federal, state, and local…
Financial Accounting
Recording, Classifying, and summarizing transactions, deals w…
Cost Accounting
Determines cost by department, product, function, service
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…
106 terms
Arkansas EOC - Accounting
Accountant
Accounting
Accounting concepts
Bookkeeper
a person who plans, summarizes, analyzes, and interprets acco…
planning, recording, analyzing, and interpreting financial in…
ten commonly accepted concepts that guide accounting personne…
a person who does general accounting work plus some summarizi…
Accountant
a person who plans, summarizes, analyzes, and interprets acco…
Accounting
planning, recording, analyzing, and interpreting financial in…
22 terms
Accounting Vocabulary Terms Study Guide 1
A record summarizing all the informati…
The amount in an account
The name given to an account
Planning recording analyzing and inter…
Account
account balance
account title
Accounting
A record summarizing all the informati…
Account
The amount in an account
account balance
9 terms
Accounting terms
Accounting
Accounting system
Accounting records
Financial records
Planning recording analyzing and interpreting fiancial inform…
A planned process for providing financial information that wi…
Organized summaries of a business's financial records
Financial reports that summarize the financial condition and…
Accounting
Planning recording analyzing and interpreting fiancial inform…
Accounting system
A planned process for providing financial information that wi…
22 terms
Chapter 1: 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…
40 terms
Accounting CH 1-3 Terminology
Account
account balance
account title
accounting
a record summarizing all the information pertaining to a sing…
the amount in an account
the name given to an account
planning, recording, analyzing, and interpreting financial in…
Account
a record summarizing all the information pertaining to a sing…
account balance
the amount in an account
13 terms
Owarzani Chapter 1.1 - Accounting
Accounting
Accounting System
Accounting Records
Financial Statements
Planning, recording, analyzing, and interpretting financial i…
A planned process for providing financial information that wi…
Organized summaries of a business's financial records
Financial reports that summarize the financial condition and…
Accounting
Planning, recording, analyzing, and interpretting financial i…
Accounting System
A planned process for providing financial information that wi…
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…
48 terms
Chapter 14 Accounting and Financial Statements
Accounting
Certified public accountant (CPA)
Private accountants
Certified management accountants (CMAs)
The recording, measurement, and interpretation of financial i…
An individual who has been state certified to provide account…
Accountants employed by large corporations, government agenci…
Private accountants who, after rigorous examination, are cert…
Accounting
The recording, measurement, and interpretation of financial i…
Certified public accountant (CPA)
An individual who has been state certified to provide account…
17 terms
Financial Planning
Revenue
Expenses
Budget
Start-up Budget
all income that a business receives over a period of time
costs of operating a business
detailed plans for the financial needs of a business
plans income and expenses from the beginning of a new busines…
Revenue
all income that a business receives over a period of time
Expenses
costs of operating a business
22 terms
Accounting Chapter 1
Account
Account Balance
Account Title
Accounting
a record summarizing all the information pertaining to a sing…
the amount in an account
the name given to an account
planning, recording, analyzing and interpreting financial inf…
Account
a record summarizing all the information pertaining to a sing…
Account Balance
the amount in an account
10 terms
Accounting study guide chapters 1-5
Account
Account balance
Account title
Accounting
A record summarizing all the information pertaining to a sing…
The amount in AN account
The name given to an account
Planing recording and analyzing and interpreting financial in…
Account
A record summarizing all the information pertaining to a sing…
Account balance
The amount in AN account
27 terms
Accounting I Terminology
Assets
Liability
Accounting Equation
Proprietorship
Items of value owned by a business.
An amount owed.
Assets equals liabilities plus owner's equity.
A business owned by one individual.
Assets
Items of value owned by a business.
Liability
An amount owed.
22 terms
Chapter 1 Accounting Vocabulary
Accounting
Account
Account Title
Account Balance
Planning, recording, analyzing and interpreting financial inf…
A record summarizing all the information pertaining to a sing…
The name given to an account.
The amount of dollars in an account.
Accounting
Planning, recording, analyzing and interpreting financial inf…
Account
A record summarizing all the information pertaining to a sing…
27 terms
Accounting - Unit 1
Accountant
Accounting
Accounting concepts
Accounting period cycle
A Person who plans, summarizes and interprets accounting info…
Planning, recording, analyzing, and interpreting financial in…
Commonly accepted concepts that guide accounting personnel in…
Changes in financial information are reported for a specific…
Accountant
A Person who plans, summarizes and interprets accounting info…
Accounting
Planning, recording, analyzing, and interpreting financial in…
48 terms
Ch 14 Accounting and Financial Statements
Accounting
Certified public accountant (CPA)
Private accountants
Certified management accountants (CMAs)
The recording, measurement, and interpretation of financial i…
An individual who has been state certified to provide account…
Accountants employed by large corporations, government agenci…
Private accountants who, after rigorous examination, are cert…
Accounting
The recording, measurement, and interpretation of financial i…
Certified public accountant (CPA)
An individual who has been state certified to provide account…
14 terms
Basic Accounting Terms
Asset
Liability
Owner's Equity
expenses
Anything of value that is owned
An amount owed by a business
The amount remaining after the value of all liabilities is su…
A decrease in owner equity resulting from the operation of a…
Asset
Anything of value that is owned
Liability
An amount owed by a business
11 terms
Accounting
Account
Account balance
Account title
Accounting
A record summarizing all the information pertaining to a sing…
The amount in an account
The name given to an account
Planning, recording, analyzing and interpreting financial inf…
Account
A record summarizing all the information pertaining to a sing…
Account balance
The amount in an account
21 terms
Accounting 1
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial inf…
Planned process of providing financial information that will…
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
Planned process of providing financial information that will…
68 terms
Accounting 1: 1st Semester Review
account
account balance
account title
accounting
a record summarizing all the information pertaining to a sing…
the amount in an account
the name given to an account
planning, recording, analyzing, and interpreting financial in…
account
a record summarizing all the information pertaining to a sing…
account balance
the amount in an account
12 terms
Business Cycle #6 Vocab Words
account
account balance
account tittle
accounting
a record summarizing all the information pertaining to a sing…
the amount in an account
the name given to an account
planning, recording , analyzing and interpreting financial in…
account
a record summarizing all the information pertaining to a sing…
account balance
the amount in an account
16 terms
Accounting I Chap 1 Vocabulary
Balance Sheet
Accounting
Accounting Equation
Transaction
A financial statement that reports assets, liabilities, and o…
Planning, recording, analyzing , and interpreting financial i…
An equation showing the relationship among assets, liabilitie…
A business activity that changes assets, liabilities, or owne…
Balance Sheet
A financial statement that reports assets, liabilities, and o…
Accounting
Planning, recording, analyzing , and interpreting financial i…
16 terms
Accounting One: Chapter One Vocab
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 performs an activity for a fee
Accounting
Planning, recording, analyzing and interpreting financial inf…
Accounting System
A planned process for providing financial information that wi…
Interpreting and Analyzing Financial Statements Chapter 3
Income Statement (Statement of Earning…
Revenue
Sales
Net Sales
Reports a company's profitability by adding revenues and subt…
Inflows from a company's primary operations
Revenues from the sale of merchandise
Indicate that returns or discounts were subtracted from total…
Income Statement (Statement of Earning…
Reports a company's profitability by adding revenues and subt…
Revenue
Inflows from a company's primary operations
16 terms
Swilley Accounting Chapter 1 Starting a Proprietorship
Accounting
accounting system
accounting records
service business
planning, recording, analyzing and interpreting financial inf…
a planned process for providing financial information
organized summaries of a business's financial activities
a business that performs an activity for a fee
Accounting
planning, recording, analyzing and interpreting financial inf…
accounting system
a planned process for providing financial information
10 terms
Accounting Set 1
accountant
accounting clerk
analyzing
auditing
n. designs the accounting information system and focuses on a…
n. records, sorts, and files accounting information
n. looking at events that have taken place and thinking about…
n. reviewing and testing to be certain that proper accounting…
accountant
n. designs the accounting information system and focuses on a…
accounting clerk
n. records, sorts, and files accounting information
10 terms
Accounting Chapter 1
Accounting
Accounting Equation
Balance Sheet
Accounting System
Planning, recording, analyzing, and interpreting financial in…
Shows the relationship among asset, liabilities and owner's e…
A financial statement that reports assets, liabilities and ow…
A planned process for providing financial information that wi…
Accounting
Planning, recording, analyzing, and interpreting financial in…
Accounting Equation
Shows the relationship among asset, liabilities and owner's e…
37 terms
Accounting 1: Chapter 1 Century 21 9E, Accounting 1: Chapter 2 Century 21 9E, Accounting Chapter 3 - Recording Transactions in a 5 column journal
Accounting
Accounting system
Accounting records
Financial statements
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 the financial condition and…
Accounting
Planning, recording, analyzing, and interpreting financial in…
Accounting system
A planned process for providing financial information that wi…
104 terms
Accounting I - Chapters 1 thru 9 - Century 21 Accounting
Account
Account Balance
Account title
Accounting
A record summarizing all the information pertaining to a sing…
The amount in an account
The name given to an account
Planning, recording, analyzing, and interpreting financial in…
Account
A record summarizing all the information pertaining to a sing…
Account Balance
The amount in an account
18 terms
Accounting and Financial Statements Vocabulary
Accounting
Public Accountant
Certified public accountant
Private Accountants
recording, measurements, and interpretation of financial info…
independence professional, to provide accounting service rang…
been officially certified in the state in which he or she pra…
prepare and analyze their financial statements
Accounting
recording, measurements, and interpretation of financial info…
Public Accountant
independence professional, to provide accounting service rang…
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