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Project in T.L.E
37
Corporation : a for-profit
Net income : the excess of revenue over expenses
Land : acquired for use in business
Accounting : the language of business whose purpose is to provide relevant information to concernes parties
Summarizing : Summarizing the details of the data
Partnership : two or more people operate for the common goal
Sole Proprietorship : Owned by one person
Machinery : Heavy Equipment
Delivery Equipment : Cost of Transporting goods
Office Supplies : Pens Paper Link
Cash : Bills and Coins
Salary Expense : Refers to amounts paid to employees
Building : Refers to structure used for business
Income : Refers to revenue earned for leading money
Interest Expense : Cost of Borrowing money
Net Income : Revenue minus Expense
Assets : Liabilities plus Owners Equity
Owners Equity : Assets minus Liabilities
Internal : That involves transfer of resources or obligations to or from other entities
Notes Receivable : Collectibles from customers for goods sold to on credit
Office Equipment : computers printers photocopiers
Capital : Owner of the Business
Peso : Monetary unit of measurement in the philippines
Liabilities : Refer to the obligations of the busness to transfer a measurable amount of resources
Owners Equity : Refer to claim of the owner in the assets of the business
Notes Payable : Suppliers for items bought on credit
Accounts Payable : Suppliers for items bought but not yet paid
Drawing : Withdrawals of cash
Freight In : Cost of Transporting
Revenue : Also called Income
Internal: Do not involve other entities in the transfer of resources
Recording : deals with the writing of business transactions or events on books or records
Cooperative : referref to as a co op business or co op
Service : rendering their service like cleaning repairing maintenace etc
Merchandising : Trading Business
Manufacturing : Buying raw materials
Public Accounting : Offer their professional service to public
Private Accounting : Offer their professional service to private
Furniture : tables chairs cabinets etc
Rent : Cost of using space for office of business
Utilities : Refers to amounts paid for the use of water and electricity
Sale : Refers to revenue derived from sale of goods
Prepaid Expense : Expense already but not yet paid
Expense : refers to outflow of financial resources arising from profit making activities of the business
Machinery : Heavy Equipment
Utilities : Refers to amounts paid for the use of water and electricity
Liabilities : Refer to the obligations of the busness to transfer a measurable amount of resources
Drawing : Withdrawals of cash
Bookkeeping : keeping the business records in a regular and most systematic manner
Project in T.L.E
- the language of business whose purpose is to provide relevant information to concernes parties
- Liabilities plus Owners Equity
- Owner of the Business
- Bills and Coins
- referref to as a co op business or co op
- a for-profit
- Withdrawals of cash
- Withdrawals of cash
- refers to outflow of financial resources arising from profit making activities of the business
- Refers to revenue earned for leading money
- Cost of Borrowing money
- That involves transfer of resources or obligations to or from other entities
- Do not involve other entities in the transfer of resources
| - acquired for use in business
- Refer to the obligations of the busness to transfer a measurable amount of resources
- Refer to the obligations of the busness to transfer a measurable amount of resources
- Heavy Equipment
- Buying raw materials
- Trading Business
- Revenue minus Expense
- the excess of revenue over expenses
- Suppliers for items bought on credit
- computers printers photocopiers
- Pens Paper Link
- Refer to claim of the owner in the assets of the business
| - Assets minus Liabilities
- Monetary unit of measurement in the philippines
- Expense already but not yet paid
- Offer their professional service to public
- deals with the writing of business transactions or events on books or records
- Cost of using space for office of business
- Also called Income
- Refers to amounts paid to employees
- Refers to revenue derived from sale of goods
- rendering their service like cleaning repairing maintenace etc
- Refers to amounts paid for the use of water and electricity
- Refers to amounts paid for the use of water and electricity
|
© 2015
PuzzleFast.com, Noncommercial Use Only
Project in T.L.E
- ACCOUNTING
- ASSETS
- CAPITAL
- CASH
- COOPERATIVE
- CORPORATION
- DRAWING
- DRAWING
- EXPENSE
- INCOME
- INTERESTEXPENSE
- INTERNAL
- INTERNAL
| - LAND
- LIABILITIES
- LIABILITIES
- MACHINERY
- MANUFACTURING
- MERCHANDISING
- NETINCOME
- NETINCOME
- NOTESPAYABLE
- OFFICEEQUIPMENT
- OFFICESUPPLIES
- OWNERSEQUITY
| - OWNERSEQUITY
- PESO
- PREPAIDEXPENSE
- PUBLICACCOUNTING
- RECORDING
- RENT
- REVENUE
- SALARYEXPENSE
- SALE
- SERVICE
- UTILITIES
- UTILITIES
|
© 2015
PuzzleFast.com, Noncommercial Use Only