Relier Pairs accounting vocabularyVersion en ligne accounting vocabulary par marco rabadan 1 Assets 2 Financial 3 Cash flow 4 Audit 5 Income statement 6 Revenue 7 Balance sheet 8 Expenses The movement of money in and out of a business. The costs incurred by a business in order to generate revenue, including wages, rent, utilities, and supplies. The income generated by a business from its normal activities, such as sales of goods or services. The resources owned by a business, such as cash, inventory, equipment, and property. A financial report summarizing a company's revenues, expenses, and net income over a specific period. A financial snapshot showing a company's assets, liabilities, and equity at a specific point in time. Relating to finances or the management of money. To conduct an official examination and verification of financial records to ensure accuracy and compliance with regulations.
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