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