Accounting definitions
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| Merchandise | Goods a business purchases to resell
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| Merchandising business | Business that buys goods then resells them
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| Retail merchandising business | Sells to those who use or consume the goods
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| Wholesale merchandising business | Buys products to resell to another business for them to sell
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| Corporation | Organizations' legal rights to a person or the corporation
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| Capital | The assets or other financial resources available to a business
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| Share of stock | Each unit of ownership in a corporation
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| Stockholder | The owner of one or more shares of stock
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| Articles of incorporation | A legal document that identifies basic characteristics of a corporation, is a part of the application submitted to a state to become a corporation.
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| Charter | The legal right for a business to conduct operations as a corporation
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| Business entity |
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| Going concern |
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| Vendor | A business from which merchandise, supplies, or other assets are purchased
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| Subsidiary ledger | A ledger that is summarized in a single general ledger account
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| Accounts payable ledger | The subsidiary ledger containing vendor accounts
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
2017300de