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Learn more about Bing search results hereOrganizing and summarizing search results for youHere are some common accounting terms:- Accounts Payable: Money a business owes to its suppliers, vendors, or creditors for goods or services bought on credit.
- Accounts Receivable: Money owed to a business by its customers, for goods or services delivered.
- Accounting Period: A period of time used to measure the financial performance of a business.
- Accruals: Expenses that have been incurred but not yet paid.
- Accrual-Basis Accounting: A method of accounting that records transactions when they occur, regardless of when payment is received or made.
- Assets: Anything of value that a business owns.
- Balance Sheet: A financial statement that shows a company's assets, liabilities, and equity at a specific point in time.
- Capital: The money invested in a business by its owners or shareholders.
- Cash Flow: The amount of cash that flows in and out of a business.
- CPA: Certified Public Accountant.
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Accounting Terms: A to Z Glossary - Coursera
- Accounts Payable. Accounts Payable refers to the money a company owes to its creditors …
- Balance Sheet. The Balance Sheet is a financial statement that provides a snapshot of a …
- Cash Flow. Cash Flow represents the movement of cash into and out of business over a …
- Depreciation. Depreciation is the systematic allocation of the cost of a tangible asset over its …
- Equity. Equity, also known as shareholder's equity or net assets, represents the residual …
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