Relier Pairs Accounting TermsVersion en ligne Can you match the Accounting Term to the Definition? par Connected Business English 1 Profit 2 Loss 3 Pre-Payment 4 Accrual 5 Balance Sheet 6 Liability The process of recording income or expenses when they occur An income distributed to the owner in a profitable market production process A summary of the financial balances of an individual or organisation Where costs exceed income Something a person or company owes, usually a sum of money The settlement of a debt or installment loan in advance of its official due date.
