Accounting Terms

Definitive guide of basic accounting terms

A

Accrual

Accounting Year

Accounts Payable

Accounts Receivables

Assets

Amortization

B

Budget

Bookkeeping

Balance Sheet

Break-even Point

Burn Rate

C

Cash flow

Corporate Tax

Cost of Goods Sold (COGS)

Capital Expenditures

Cash Flow Statement

Current Assets

Current Liabilities

D

Depreciation

Dividend

E

Expenses

F

Fiscal Year

Fixed Costs

G

Gross Profit

H

Inventory

Income Tax

L

Line of Credit

Long Term Debt

Liabilities

N

Net Income

Net Profit

P

Personnel Expenses

Profit & Loss Statement

Paid-In Capital

R

Revenue

S

Sales Tax

Subscription

Short-Term Debt

V

Variable Costs

W

Working Capital

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