Table of Contents

A

ABC Inventory System

Abnormal Spoilage

Accelerated Depreciation

Account

Accounting Cycle

Accounting Equation

Accounting Period

Accounts Payable

Accounts Receivable

Accounts Written Off

Accrual Basis of Accounting

Accruals

Accrued Expenses

Adjunct Account

Adjusted Trial Balance

Adjusting Entries

Assets

B

Bad Debts Expense

Balance Per Bank

Balance Per Books

Balance Sheet

Balance Sheet Account (See Balance Sheet)

Bank Balance

Bank Charges

Bank Overdraft

Bank Reconciliation

Bank Statement

Book Value

C

Capital

Cash and Cash Equivalents

Cash Flow Statement

Cash Method of Accounting

Cash Over & Short Account

Cash Payments Journal

Cash Receipt

Cash Receipts Journal

Change in Net Assets

Chart of Accounts

Clearing Account

Contra Account

Contribution Margin

Control Account

Correcting Entry

Cost of Goods Sold

Credit Balance

Credit Purchases

Credit Sales

Creditor

Credit Terms

Current Assets

Current Liabilities

Current Ratio

D

Debits & Credits

Double-Entry Accounting System

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

Liability

Ledger

M

Manual Accounting System

N

Net Assets

Non-Current Assets

Non-Current Liabilities

Net Income/Profit

O

Operating Income

Operating Expenses

Owners Capital

Owners Drawings Account

Outstanding Checks

P

Permanent Accounts

Petty Cash

P&L

Prepaid Expense

Profit & Loss Statement

R

Recording Customer Transactions

Recording Supplier Transactions

Revenue

S

Samples

Sales Journal

Selling & Administrative Expenses

Source Document

Statement of Activities

Statement of Cash Flows

Statement of Income

Subsidiary Ledger/Accounts

Supplier Accounts

Suppliers

 

 

T

T-Account

Temporary Accounts

Trial Balance

U

Unadjusted Trial Balance

Uncleared Check

Uncollectible Accounts Expense

Undeposited Checks

Unpresented Checks

V

Variable Costs/Expenses

W

Working Capital

Write Off

Write Down

 

Resources & Calculators

 

Useful Resources for Financial Management & Forecasting

401k Calculator

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Interest Calculator

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Retirement Planner

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Payment Manager

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401k Calculator

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Interest Calculator

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Retirement Planner

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Payment Manager

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Stop struggling with your accounting studies

Resources

Other Tools & Resources

Debt & Credit Cards

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Retirement

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Insurance

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Savings

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Invetsments

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Taxes

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