In bookkeeping, an account refers to assets, liabilities, income, expenses, and equity, as represented by individual ledger pages, to which changes in...

Double-entry bookkeeping, also known as double-entry accounting, is a method of bookkeeping that relies on a two-sided accounting entry to maintain financial...

Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business and other organizations. It involves preparing...

up account in Wiktionary, the free dictionary. Account (abbreviated a/c) may refer to: Account (bookkeeping) A report A bank account Deposit account Personal...

double-entry bookkeeping are entries made in account ledgers to record changes in value resulting from business transactions. A debit entry in an account represents...

maintaining books of accounts for a sovereign state. The Italian Luca Pacioli, recognized as The Father of accounting and bookkeeping was the first person...

known as bookkeeping, of which double-entry bookkeeping is the most common system. Accounting information systems are designed to support accounting functions...

Single-entry bookkeeping, also known as, single-entry accounting, is a method of bookkeeping that relies on a one-sided accounting entry to maintain financial...

Hollywood accounting (also known as Hollywood bookkeeping) is the opaque or creative set of accounting methods used by the film, video, television and...

Momentum accounting and triple-entry bookkeeping is an alternative accountancy system developed by Japanese academic Yuji Ijiri and is the title of his...

Accounts receivable, abbreviated as AR or A/R, are legally enforceable claims for payment held by a business for goods supplied or services rendered that...

financial statements Management accounting, the other main division of accounting Bookkeeping "Financial Accounting - Definition from KWHS". The Wharton...

In bookkeeping, a general ledger is a bookkeeping ledger in which accounting data are posted from journals and aggregated from subledgers, such as accounts...

The fundamental accounting equation, also called the balance sheet equation, is the foundation for the double-entry bookkeeping system and the cornerstone...

data from the invoice and inputting it into the company's financial, or bookkeeping, system. After this is accomplished, the invoices must go through the...

In bookkeeping, accounting, and financial accounting, net sales are operating revenues earned by a company for selling its products or rendering its services...

In banking and accounting, the balance is the amount of money owed (or due) on an account. In bookkeeping, “balance” is the difference between the sum...

In financial accounting, reserve always has a credit balance and can refer to a part of shareholders' equity, a liability for estimated claims, or contra-asset...

Creative accounting is a euphemism referring to accounting practices that may follow the letter of the rules of standard accounting practices, but deviate...

debits its cash account for the $100 in cash, and credits a "deposits" liability account for an equal amount. (See double-entry bookkeeping system.) In the...

physical form of currency, such as banknotes and coins. In bookkeeping and financial accounting, cash is current assets comprising currency or currency equivalents...

In management accounting or managerial accounting, managers use accounting information in decision-making and to assist in the management and performance...

Generally Accepted Accounting Principles (GAAP or U.S. GAAP or GAAP (USA), pronounced like "gap") is the accounting standard adopted by the U.S. Securities...

A basis of accounting is the time various financial transactions are recorded. The cash basis (EU VAT vocabulary cash accounting) and the accrual basis...

reconciliation by summing all accounts to zero (a trial balance) – the basic premise of double-entry bookkeeping. Nostro accounts are mostly commonly used...

accounting period to affect equity. Double-entry bookkeeping conventions are employed as well for the National Accounts. Economic concepts such as national product...

can use programs for payroll and for financial accounting, current account bookkeeping, cost accounting and business consulting. There are programs for...

Mark-to-market (MTM or M2M) or fair value accounting is accounting for the "fair value" of an asset or liability based on the current market price, or...

In accounting, goodwill is an intangible asset recognized when a firm is purchased as a going concern. It reflects the premium that the buyer pays in addition...

Fund accounting is an accounting system for recording resources whose use has been limited by the donor, grant authority, governing agency, or other individuals...