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4.01 Key Terms
Role of Finance/Accounting
Term | Definition |
---|---|
accounting | keep & interpret finance rec |
account pay | business to others |
account receive | firm by its customers |
aof | decision on fine |
aoa | firms invest |
assets | anything of value |
cap bud | prod invest |
cap invest de | invest finance pay |
cap structure | debt & equity |
cash con cycle | mats & cash |
debt fund | money lent by a bank |
dividend | earns |
equity fund | money for shares |
finance | money manage |
financing | debt & equity |
return on cap | cash flow |
venture cap | new business |
wcm | balance of assets |
account | training |
accounting | keep records |
accounting cycle | steps |
accounting stand | rules |
accounting system | handling |
aam | time |
balance sheet | financial state |
bookkeeping | record |
cash | coins |
cam | money flow |
cfs | when, where, and how |
credit | purch now pay later |
expend | spending |
financial account | data |
financial state | acc info |
expenses | expend |
income | money |
income state | profit-and-loss |
investors | invest funds |
journal | a book |
ledger | record |
liabilities | debts |
man account | prep data |
net worth | total value |
owner equity | pro-loss |
trans | sale |
trial | a list |