Glossary Of Accounting
My field of study is accouting and I study in College Montmorency. I made this glossary so that more people can understand the basics of accounting. Accounting glossary I write this glossary to people that don't know much about accounting. Account noun A record or statement of financial expenditure or receipts relating to a particular period or purpose. Example: The ledger contains all the income and expense accounts. fr: Compte Your browser does not support the audio element. balance sheet noun A financial statement that summarizes a company's assets, liabilities and share holder' equity at a specific point in time. Example: The balance sheet is one of the three core financial statements that are used to evaluate a business. fr: bilan Your browser does not support the audio element. ...