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  2. Here are some accounting terms that are commonly used12:
    • Accounts payable: Money owed by a company to its creditors.
    • Accounts receivable: Amounts due from customers.
    • Balance sheet: A financial statement that shows a company's financial position at a specific point in time.
    • Bookkeeping: The process of recording financial transactions.
    • Income statement: A financial statement that shows a company's revenues and expenses over a period of time.
    • General terms: Terms that are commonly used in accounting.
    Learn more:
    Money owed by a company to its creditors. Amounts due for payment to suppliers of goods or services. Accounts receivable Amounts due from customers. Accounts Financial statements prepared at the end of a period reflecting the profit or loss of the period and financial position at the end of the period.
    www.bluerocketaccounting.com/news/an-a-to-z-of-…
    We have assembled some of the most important accounting terms to provide you a good start in navigating the accounting realm. Below you will find some of the most common accounting terms divided by these categories: balance sheet, income statement, bookkeeping terms, business structures, people, and general terms.
    bestaccountingsoftware.com/accounting-terms/
     
  3. Accounting Terms: A to Z Glossary - Coursera

     
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    AccountingCoach.com's accounting dictionary defines accounting terms in a way that is easy for anybody to understand

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    My Accounting Course accounting and business dictionary explains 1,000s of accounting terms in plain english. Search all our terms and learn today!

  10. Accounting terms: A 36-term guide - QuickBooks

    Jun 2, 2023 · Accounting is the process of tracking and recording a business’s financial transactions. Accounting basics include understanding assets, liabilities, equity, revenues, and expenses, as well as relevant financial statements and …

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    Aug 6, 2024 · Accounting terms can be complicated. Because of that, we’ve created this ultimate guide of the 60 most basic accounting terms business owners and students alike need to know.

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