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401

finance/accounting

TermDefinition
accounting the process of keeping and interpreting financial records
accounts payable all money owed by the business to others
accounts receivable all money owed to a firm by its customers
acquisitions of funds finance activities involving making decisions about financing
administration of assets finance activities involving making decisions about a firm's investments
assets anything of value that a business or individual owns
capital budgeting a process in which a firm's financial managers
capital investing decisions
capital structure
cash conversion cycle
debt funding
dividend
equity funding
finance
financing
return on capital
venture capital
working capital management
accountant
accounting cycle
accounting standards
accounting system
accrual accounting method
balance sheet
bookkeeping
cash
cash accounting method
cash flow statement
credit
expenditures
expenses
financial statement
financial accounting
income
income statement
investors
journal a special book or computer program in which a
ledger the accounting record for a specific department or area of the businesses
liabilities debts that the business owes
managerial accounting a type of business that involves preparing, reporting financial data, controls day to day operations, makes financial decisions, and plans affecting the business
net worth the total value of the business
owners equity the amount a owner has invested in the business plus or minus profits and losses
transaction a business activity such as a sale a purchase or a return
trial balance the listing of a businesses different accounts and their current balances used to check the accuracy of journal and ledger entries
Created by: haiden.f168
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