ACCOUNTING

Financial reports that summarize the financial condition and operations of a business -

A business activity that changes assets, liabilities, or owner's equity -

Accounting Equation -

Financial rights to the assets of a business -

A business that performs an activity for a fee -

A mathematical formula that shows relationship between assets, liabilities & owner's equity -

A business owned by one person -

A type of business that uses material, labor, and overhead -

The principles of right and wrong that guide an individual in making decisions -

Planning, recording, analyzing and interpreting financial information -

A business that is owned by many people -

The series of steps for recording and processing the accounting events of a company -

Any amount owe -

Anything of value that is owned -

A planned process for providing financial information -