cash, land,accounts receivable, supplies, prepaid insurance, prepaid rent, buildings, automobiles, store equipment, office equipment, patent, trademark, copywrite, goodwill, etc.

accounts payable, wages payable, taxes payable, notes payable, mortgage payable, interest payable, unearned rent, unearned fees, unearned subscriptions, etc.

_______________ capital _______________ drawing

fees earned, fares earned, commission revenue, interest revenue, sales, etc.

salaries expense, wages expense, payroll tax expense, insurance expense, supplies expense, depreciation expense, rent expense, miscellaneous expense, utilities expense, advertising expense, interest expense, etc.

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Accounting Terms

for mcarlin

Accounting	Terms
Assets	cash, land,accounts receivable, supplies, prepaid insurance, prepaid rent, buildings, automobiles, store equipment, office equipment, patent, trademark, copywrite, goodwill, etc.
Liabilities	accounts payable, wages payable, taxes payable, notes payable, mortgage payable, interest payable, unearned rent, unearned fees, unearned subscriptions, etc.
Owner's Equity	_______________ capital _______________ drawing
Revenue	fees earned, fares earned, commission revenue, interest revenue, sales, etc.
Expenses	salaries expense, wages expense, payroll tax expense, insurance expense, supplies expense, depreciation expense, rent expense, miscellaneous expense, utilities expense, advertising expense, interest expense, etc.

Created by: mcarlin

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