Contents

A


ABC Inventory System
Absorption Costing
Accelerated Depreciation
Account
Accounting Cycle
Accounting Equation
Accounting Period
Accounts Payable
Accounts Receivable
Accounts Receivable Turnover Ratio

Accounts Written Off
Accrual Basis of Accounting
Accruals
Accrued Expenses
Accrued Income
Accrued Rent Income
Accrued Vacation
Accumulated Deficit
Accumulated Depreciation – Building
Activity Based Costing
Actual Costing
Adjunct Account
Adjusted Trial Balance
Adjusting Entries
Administrative Expenses
Advance from Customer
Advances to Employees
After-Tax Cost of Debt
After Tax Income
Aging of Accounts Payable
Aging of Accounts Receivable
Allowance for Doubtful Debts
Allowance to Reduce Inventory to LCM
Amortization
Amortization of Bond Issue
Amortization Schedule
Annuity
Applied Overheads
Appropriated Retained Earnings
Assets
Assignee & Assignor
Assigned Accounts Receivable
Average Accounts Receivable
Average Collection Period
Average Inventory
Average Weighted Cost of Capital

B


Bad Debts Expense
Balance Per Bank
Balance Per Books
Balance Sheet
Balance Sheet Accounts
Balancing Accounts

Bank Balance
Bank Charges
Bank Overdraft
Bank Reconciliation
Bank Statement
Batch Level Activity
Batch Level Cost
Batch Size
Bond
Bond Call Premium
Bond Call Price
Bond Coupon Rate
Bond Interest Expense
Bond Issue Costs
Bond Sinking Fund
Bonds Payable

Book Value
Book Value of a Company
Book Value Per Share of Stock
Break-Even Analysis
Budget
Budgetary Slack
Budgeted Balance Sheet
Budgeted Income Statement
Burden Rate
Budget Variance

C


Call Premium
Capital
Capital Lease

Cash and Cash Equivalents
Cash Flow Statement
Cash Method of Accounting
Cash Over & Short Account
Cash A/C Seems Back-to-Front
Cash Payments Journal
Cash Receipt
Cash Receipts Journal
Change in Net Assets
Chart of Accounts
Clearing Account
Closing Entries
Compound Journal Entries
Consignment
Contra Account
Contribution Margin
Control Account – Creditors
Control Account – Debtors
Convertible Note
Correcting Entry
Cost of Goods Sold
Credit Balance
Credit Purchases
Credit Sales
Creditor
Credit Terms
Cross Footing
Current Assets
Current Liabilities
Current Ratio

D


Days Sales in Inventory
Debits & Credits
Debt Ratio
Debtors
Deficit
Deferred Expense
Deferred Revenue
Defined Benefit Pension Plan
Depletion
Demand Deposit
Deposits in Transit
Depreciation
Differential Revenue
Discount Allowed
Discount On Bonds Payable
Discount Received
Double Declining Balance Depreciation

Double-Entry Accounting System
Doubtful Debts

E


Equity

F


Financial Statements
Fixed Assets
Fixed Costs/Expenses

G


General Journal
General Ledger
Gross Margin/Profit

I


Income
Income from Operations
Income Statement
Income Statement Account
Income Summary Account
Income Tax Expense

J


Journal
Journal Entry

L


Ledger
Lease
Liability
Livestock Working Account

M


Manual Accounting System

N


Net Assets
Non-Current Assets
Non-Current Liabilities
Net Income/Profit‚Äč

O


Operating  Income
Operating Lease

Operating Expenses
Owners Capital
Owners Drawings Account
Outstanding Checks

P


Permanent Accounts
Petty Cash
Petty Cash Replenishment

P&L
Prepaid Expense
Profit & Loss Statement

R


Rations Account
Recording Customer Transactions

Recording Supplier Transactions
Retained Earnings

Revenue

S


Sales Journal
Sales Returns

Selling & Administrative Expense
Source Document
Statement of Activities
Statement of Cash Flows
Statement of Income
Subsidiary Ledgers/Accounts
Suppliers

T


T-Accounts
Temporary Accounts
Treasury Stock

Trial Balance

U


Uncleared Check
Uncollectible Accounts Expense
Undeposited Checks
Units of Production Depreciation

V


Variable Costs/Expenses

W


Working Capital
Work In Process
Write Off
Write Down