Accounting
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Accounting Terminology V to Z
V
Value -
Monetary worth of an item.
Valuation -
To determine the value of an item.
Variable Costs -
Expenses th
Added: 2008-08-26
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Accounting Terminology S to U
S
Sales -
Income earned from the provision of goods or services.
Selling Expense -
Cost incurred from the selling of goo
Added: 2008-08-26
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Accounting Terminology P to R
P
Petty Cash -
A current asset made up of a cash amount used to make purchases involving small amounts like postage.
Physica
Added: 2008-08-26
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Accounting Terminology A to C
A
Account -
A record of transactions processed on an asset, owner's equity, revenue and expenses.
Accountant -
This is
Added: 2008-08-22
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Accounting Terminology D to F
D
Debit -
This is an entry on the left side of a ledger account to represent the increase of an Asset or Expense and the decrea
Added: 2008-08-22
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Accounting Terminology M to O
M
Managerial Accounting -
System used by the internal management of an organization to plan, evaluate and control by using finan
Added: 2008-08-26
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Accounting Terminology G to I
G
General Ledger -
This is a collection of all the transactions that are processed in the individual ledger accounts.
Genera
Added: 2008-08-25
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Accounting Terminology J to L
J
Journal -
This is a book containing the original entry of a transaction arranged by date order.
Journal Entry -
This i
Added: 2008-08-25
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