Shared Flashcard Set

Details

Title

Accounting Vocabulary

Description

Semister Test Review

Total Cards

Subject

Accounting

Level

12th Grade

Created

01/04/2010

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Additional Accounting Flashcards

Term

Accounting Equation

Definition

Assets= Liabilities + Owner's Equity

Term

Account

Definition

a record summarizing all the infromation pertaining to a single item in the accounting equation.

Term

Account Balance

Definition

the amount in an account

Term

Accounting Records

Definition