Question

 Basic Accounting Terms?

Answer Financial terminology can be confusing to people with no accounting background. As with any profession, there are certain technical terms that are typical of the accounting world that may not be fa... Read More »
http://www.ehow.com/list_7362291_basic-accounting-terms.html

Top Q&A For: Basic Accounting Terms

List of Basic Accounting Terms?

Knowledge related to some common accounting terms can help you conduct basic bookkeeping for personal accounts or help investors navigate the waters of corporate financial statements and reports. U... Read More »
http://www.ehow.com/list_6853417_list-basic-accounting-terms.html

What does a/p stand for in accounting terms?

According to Bloomberg.com, the accounting term AP stands for accounts payable. Simply put, accounts payable are debts due. Accounts payable are classified as current liabilities on a balance sheet... Read More »
http://www.answerbag.com/q_view/2011503

What is reconciliation in accounting terms?

Reconciling an account is the same as balancing your checkbook. It means that you are using a period end statement with a beginning and ending balance, and matching it against your own numbers.Def... Read More »
http://www.answerbag.com/q_view/1950492

What is goodwill in accounting terms?

In accounting terms, goodwill is an intangible asset with no physical existence. Goodwill is listed as an asset on the balance sheet. It must be tested for loss in value annually.DefinitionGoodwill... Read More »
http://www.answerbag.com/q_view/1972911


feedback
loading