|
|
|
1
|
the value of a piece of property (such as a house) after any debts that remain to be paid for it (such as the amount of a mortgage) have been subtracted
|
|
8
|
the total amount of money being transferred into and out of a business, especially as affecting liquidity.
|
|
10
|
a formal record of the financial activities and position of a business, person, or other entity
|
|
11
|
an official inspection of an individual's or organization's accounts, typically by an independent body.
|
|
12
|
displays that all assets are either financed by borrowing money or paying with the money of the company's shareholders.
|
|
13
|
a list of goods sent or services provided, with a statement of the sum due for these; a bill.
|
|
14
|
an association of two or more people as partners
|
|
15
|
are liabilities with a future benefit over one year, such as notes payable that mature longer than one year.
|
|
16
|
a person or organization that buys goods or services from a store or business
|
|
17
|
money owed to a company by its debtors
|
|
19
|
or a supplier, is a supply chain management term that means anyone who provides goods or services to a company or individuals.
|
|
20
|
the direct costs attributable to the production of the goods sold by a company.
|
|
24
|
assets that are purchased for long-term use and are not likely to be converted quickly into cash, such as land, buildings, and equipment
|
|
25
|
money owed by a company to its creditors.
|
|
26
|
the simplest business form under which one can operate a business
|
|
29
|
an arrangement under which sums of money spent in the course of business by an employee are later reimbursed by their employer.
|
|
30
|
are a company's debts or obligations that are due within one year, appearing on the company's balance sheet and include short term debt, accounts payable, accrued liabilities and other debts.
|
|
|
|
|
|
|
2
|
a financial statement that reports a company's financial performance over a specific accounting period.
|
|
3
|
are used to sort and store transactions involving revenues, expenses, gains, and losses.
|
|
4
|
include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year.
|
|
5
|
a company's set of numbered accounts for its accounting records
|
|
6
|
a statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.
|
|
7
|
expenses are matched with the related revenues and/or are reported when the expense occurs, not when the cash is paid
|
|
8
|
The chart of accounts is a listing of all accounts used in the general ledger of an organization
|
|
9
|
a corporate structure whereby the members of the company cannot be held personally liable for the company's debts or liabilities.
|
|
18
|
a valuable person or thing
|
|
21
|
the action of helping or doing work for someone.
|
|
22
|
a framework of accounting standards, rules and procedures defined by the professional accounting industry, which has been adopted by nearly all publicly traded U.S. companies.
|
|
23
|
an estimate of income and expenditure for a set period of time.
|
|
27
|
a commercial document and first official offer issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.
|
|
28
|
a year as reckoned for taxing or accounting purposes
|
|
31
|
income, especially when of a company or organization and of a substantial nature.
|
|
32
|
a complete list of items such as property, goods in stock, or the contents of a building.
|
|
33
|
the state of being legally responsible for something
|
|
34
|
an identifying number used for tax purposes in the United States
|
|
|
|
