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zaria~acconting Flashcards | StudBud
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zaria~acconting
zaria~acconting
10 terms
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a mixture of what we are discussing in accounting class.
Flashcards
10 cards
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Questions
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Answers
1
also known as adjusting account
managing account
controlling account
2
cash and other assets that are expected to be converted to cash within a year:
curent assets
plant assets
fixed assets
3
the value of a security or asset as entered in a company's books : _______value
book
dot
account
4
an entry recording an amount owed, listed on the left-hand side or column of an account.
credit
debit
5
loans receivables or other debts that have virtually no chance of being paid :_______accounts
recievable
collectable
noncollectable
6
money paid regularly at a particular rate for the use of money lent, or repayment of a debt.
payment
loan
interest
7
an estimate of income and expenditure for a set period of time.
cheap
budget
expense.
8
is a ledger designed for the storage of specific types of accounting transcriptions
outcome
subsidary ledger
liabilites
control
9
refers to the efficient and effective
management
of money in a manner as the organization.
finance
financial management
manage
chicken
10
often referred to as fixed assets this would include long term assets
plant assets
current assets