200 Accounting Terms From A To Z

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This time we will provide some knowledge about  complete accounting terms from A to Z.

Table of contents :

Accounting terms

Alphabetically (A)

Alphabetically (B)

Alphabetically (C)

Alphabetically (D)

Alphabetically (E)

Alphabetically (F)

Alphabetically (G)

Alphabetically (H)

Alphabetically (J)

Alphabetically (L)

Alphabetically (N)

Alphabetically (O)

Alphabetically (Q)

Alphabetically (R)

Alphabetical (S)

Alphabetically (T)

Alphabetically (U)

Alphabetically (V)

Alphabetical (W)

Alphabetically (Y)

Alphabetically (Z)

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Accounting terms

The following terms for knowledge enhancement information:

 

Terms in accounting

Alphabetically (A)

  • ACCOUNT = Estimate
  • ACCOUNT RECEIVABLE = Accounts Receivable
  • ACCOUNT FROM = Form of forecast
  • ACCOUNT NOT CURRENT = Items that are not current
  • ACCOUNT PAYABLE = Current

PAYABLE • ACCOUNT PAYABLE LEDGER

= ledger account • ACCOUNT RECEIVABLE STATEMENT = Dartar accounts receivable

  • accounts Payable Subsidiary Ledger = Books additional receivables
  • aCCOUNTANT = accountant
  • aCCOUNTANT fEE EXPENSE = Cost accountant
  • aCCOUNTANT pUBLIC = public Accountants
  • aCCOUNTING = accounting
  • aCCOUNTING assumption = assumptions accounting
  • aCCOUNTING CYCLE = Sirklus accounting
  • aCCOUNTING DATA = Data accounting
  • aCCOUNTING DEPARTMENT = Accounting department
  • ACCOUNTING EQUATION = equation accounting
  • ACCOUNTING INCOME = Income accounting
  • ACCOUNTING INFORMATION = Accounting information
  • ACCOUNTING INSTRUCTION = Instruction accounting
  • ACCOUNTING MANAGEMENT = Management of accounting
  • ACCOUNTING METHOD = Method of accounting
  • ACCOUNTING PERIOD = Period accounting
  • ACCOUNTING PRINCIPLE = Basic accounting
  • ACCOUNTING PROCEDURE = Accounting procedures
  • ACCOUNTING RESPONSIBILITY = Accountability accounting
  • ACCOUNTING SYSTEM = Accounting system
  • ACCOUNTS INTER COMPANY = Accounts between companies
  • ACCRUED EXPENSE = Costs to be paid
  • ACCRUED EXPENSE PAYABLE = Expenses payable
  • ACCRUED PAYROLL PAYABLE = Payroll payable
  • Accrued inters PAYABLE = Interest is payable
  • Accrued REVENUE = Revenue to be received
  • Accrued TAX PAYABLE = payable
  • Accrued Wages PAYABLE = Wages payable
  • Accumulated depletion = Accumulated depletion
  • Accumulated DEPRECIATION = Accumulated depreciation
  • ACTUAL AMOUNT = The actual number
  • ACTUAL COST (meaning of the term) Actual costs
  • ACTUAL FACTORY OVERHEAD = actual overhead expenses
  • ACTUAL LIABILITY = actual debt
  • ACTUAL PRICE = actual price
  • ACTUAL QUANTITY = actual quality
  • ADJUSTED BALANCE = balance after adjustment
  • ADJUSTED TRIAL BALANCE = Adjusted trial balance
  • ADJUSTING ENTRIES = Adjusting entry entries
  • ADDITIONAL COST (the term) Additional costs
  • ADVANCE FROM CUSTOMER = Advances for subscriptions
  • ADVANCE ACCOUNTING = Advanced accounting
  • ADVERTISING EXPENSE = Advertising costs
  • ADVERSE OPINION = Unreasonable income
  • Allowance for inventory decline to market = Allowance for impairment of inventories
  • ALLOWANCE METHOD (meaning) reserve method
  • ALLOWANCE ACCOUNT = Estimated reserves
  • ALLOWANCE FOR BAD DEBT = Reserves for uncollectible accounts
  • ALLOWANCE FOR DOUBT FULL ACCOUNT = Reserve for doubtful accounts
  • ALLOWANCE FOR OVERVALUATION OF BRANCH MERCHANDISE = Reserves for increases price of branch goods
  • AMORTIZATION = Depreciation of intangible assets
  • APPLIED FACTORY OVERHEAD COST = charged overhead costs
  • ANNUAL REPORT (term) Annual report
  • ASSET (term) Assets
  • ASSET APPROACH = active approach
  • ASSET ACCOUNT = Estimated assets
  • AUDIT FEE = Audit income
  • ASSUME = Assumptions
  • AUDIT EXPENSE = Audit costs
  • AUDIT PROGRAM = Audit program
  • AUDIT PROCESS = Audit process
  • AUDIT PLANNING = Audit plan
  • AUDITOR (term) Financial

examiner • AUDITING = Financial audit

  • AVERAGE METHOD = Average method

 

Alphabetically (B)

  • BALANCE SHEET (meaning of the term) Balance Sheet
  • BALANCE PER BANK = Balance according to bank
  • BALANCE PER BOOK = Balance according to books
  • BALANCE SHEET ACCOUNT = Estimated balance sheet
  • BALANCE AMOUNT = balance amount
  • BANK PAYABLE = Bank loans
  • BALANCE BEFORE LIQUIDATION = Balance before liquidation
  • BANK RECONCILIATION = Bank reconciliation
  • BANK SERVICE CHARGE = Bank administration bed
  • BANK STATEMENT = Current account
  • BIN CARD (meaning) warehouse card
  • BASIC FINANCIAL STATEMENT = Principal financial statements
  • BEGINNING BALANCE = Initial balance
  • BETTERMENT = Repair
  • BOOK VALUE = Book value
  • BOOK VALUE OF ASSET = Current book value
  • BOOK VALUE PER SHARE = ​​Book value per share
  • BRANCH (accounting term) Branch
  • BRANCH MERCHANDISE = Branch merchandise
  • BRANCH PROFIT = Branch profits
  • BREAK EVENT = Return principal
  • BREAK EVEN PIONT = Point of return
  • BREAK EVEN SALES = Sales go home
  • BUDGET (meaning of the term) Budget
  • BUDGET VARIANCE = Difference in budget
  • BUDGET FLEXIBLE = Flexible budget
  • BUDGET FIXED = Fixed budget
  • BUDGET CYCLE = Budget cycle
  • BUDGET BALANCE SHEET = Balance sheet budget
  • BY PRODUCT = By production
  • BUILDING (the term ) Building
  • BUSINESS ENTITY = Business unit

 

Alphabetically (C)

  • CAPITAL (core info) Capital
  • CAPITAL STATEMENT = Change in capital report
  • CAPITAL STOCK = Share capital
  • CASH = Cash
  • CASH BUDGET = Cash budget
  • CASH COUNT = Cash calculation
  • CASH DISBURSEMENT JOURNAL = Cash disbursement journal
  • CASH DISCOUNT = Discounts given on cash payments
  • CASH FLOW (core info) Cash flow
  • CASH FLOW CYCLE = Cash flow cycle
  • CASH IN BANK = Cash in bank / cash in bank
  • CASH ON HAND = Cash on hand
  • CASH IN TRANSIT = Cash on the way
  • CASH PAYMENT JOURNAL = Cash book disbursements

CASH RECEIPT JOURNAL = Cash receipts

CASH SALES = Cash sales

  • CLOSING ENTRIES = Closing journal entries
  • COST = Costs
  • COST ACCOUNTING = Cost accounting
  • COST OF GOODS AVAIBLE FOR SALES = Cost of goods available for sale
  • COST OF GOODS MANUFACTURED = Cost of production
  • COST OF GOODS SOLD = Cost of goods sold for sale (cost of goods sold)
  • CURRENCY = currency
  • CURRENCY ASSET = Current assets
  • CURRENCY LIABILITIES = Short term debt

 

Alphabetically (D)

  • DEBIT NOTE = Debit note
  • DEBIT BALANCE = debit balance
  • DEDUCTION = Deduction
  • DEFECTIVE GOODS = Product is damaged
  • DEFERRED GROS PROFIT ON REALIZATION = Unrealized gross profit
  • DELIVERY EXPENSE = Shipping costs
  • DEPOSIT SLIP = Proof of deposit
  • DEPRECIATION
  • dEPRECIATION eXPENSE = cost penusutan
  • Determining dEPRECIATION = Determination of shrinkage
  • dIRECT COSTING = Determination of direct costs
  • dIRECT dEPARTMENT oVERHEAD eXPENSE = expenses / overhead departments directly
  • dIRECT eXPENSE = direct costs
  • dIRECT lABOR cOST BUTGET = The budgetary costs of workers directly
  • dIRECT TAXES = Direct tax
  • DIRECT WRITE OFF = Direct

write-off • DISCOUNT = Pot (price)

  • DISSOLUTION = Dissolution
  • DIVIDEND STOCK = Share dividend
  • DOUBLE ENTRY SYSTEM = Pair bookkeeping system
  • DRAFT (info) = Money Order
  • DUE DATE = Due date

 

Alphabetically (E)

  • EARNED = Income
  • EARNING AFTER INTEREST AND TAXES = Income after interest and taxes
  • EARNING AFTER TAX = Income after tax
  • ECONOMIC LIFE = Economic age
  • ECONOMIC ORDER QUANTITY = Optimal amount of purchases
  • EMERGENCY WORKING CAPITAL = Emergency working capital
  • EMPLOYEE EARNING STATEMENT = Employee salary report

END OF MONTH TRIAL BALANCE = List of month-end balances

ENDING BALANCE = Ending balance

ENDING INVENTORY = ending inventory

ENTERTAIMENT EXPENSE = Entertainment costs

ENTRY = Paragraph

EQUIPMENT = Equipment

EQUITIES = Wealth

EQUITY IH INCOME OF SUBSIDIARY COMPANY = Profit on subsidiary

  • ESTIMATE VALUE =

Estimated value • ESTIMATED GROSS PROVIT = Estimated gross profit

  • EVIDENCE = Evidence
  • EXCEPT = Exceptions
  • EXCESS OF COST OVER BOOK VALUE OF SUBSIDIARY INTEREST = Difference in excess of cost over book value
  • EXCESS VALUE = Extra value
  • EXCHANGE RATE = Exchange rate
  • EXPECTED ACTUAL CAPACITY = Actual capacity expected
  • EXPECTED RATE OF RETURN = Desired rate of return
  • EXPIRED = expiration rate
  • EXPENSE = Cost
  • EXTERNAL AUDIT = External inspection
  • EXTRA ORDINARY GAIN = extraordinary

expenditure • EXTRA ORDINARY LOSS = Extraordinary losses

EXTRA ORDINARY REPAIRS = Extraordinary repairs

  • EXTRA ORDINARY RETIREMENT = Withdrawal of assets because it is extraordinary

 

Also Read:   Cost Behavior Analysis

Alphabetically (F)

  • Fiscal Year = Tax year
  • Fixed asset subsidiary ledge = Additional book of fixed assets
  • Fixed asset turnover = Turnover of fixed assets
  • Fixed capital asset =

Fixed working capital • Fixed cast = Fixed costs

  • Fixed efficiency variance = Fixed efficiency deviation
  • Fixed factory overhead = Fixed factory overhead
  • Flexible budget = Changing budget
  • Floor = lower limit
  • Flow of cost = Flow of costs
  • Flow of documents = circulation of documents
  • Flow of funds = Flow of funds
  • Flow of work = Work circulation
  • Flowchart = List of flows
  • Fluctualing method = method of fluctuation
  • Fluctuating funds = Funds vary
  • Foot note = Footnotes
  • Forecast balance sheet = Forecast balance sheet
  • Forecast income statement = Estimated profit and loss
  • Form = Form
  • Four column ccount = Four column journal
  • Fraud = fraud
  • Freight in = Purchase transportation costs
  • Freight on material purchases = Transportation costs for purchasing materials
  • Freight out = freight costs for sales
  • Funds = Funds
  • Funds statement = reports on sources and funds collection
  • Furniture & fixture = Equipment
  • Fusion = Merger

 

Alphabetically (G)

  • General Accounting = General Accounting
  • General Ledger = General ledger
  • General Journal = General journal
  • General And Administrative Expense = General and administrative expenses
  • General Examination = General examination
  • General Assigment = General affirmation
  • Government financial = Government finance
  • Government accounting = Government accounting
  • Gross Method = Gross Method
  • Gross loss = Gross loss
  • Gross Profit Gross profit
  • Gross Profit Analysist = Gross profit analysis
  • Gross profit method =

Gross profit method • Gross Profit on sales = Gross profit on sales

  • Gross Working Capital = gross working capital
  • Group Code = Group code
  • Go Public Compony = Company that sells shares to the public

 

Alphabetically (H)

  • Heating and lighting expense = Heating and lighting costs
  • Hidden Reserves = Secret reserves
  • Historical cost Accounting =

Historical cost • Historical cost = Historical costs

  • Home office = head office
  • Horizon Analyst = Horizon analysis
  • Human Resource Accounting = Resource accounting human

 

Alphabetical (I)

 

  • Income = profit
  • Income After Tax = Profit after tax
  • Income From Joint Venture = Joint venture profit
  • Income From Operation = Operating profit
  • Income Sharing Agreement = Profit sharing approval
  • Income Statement =

Income statement • Income Statement Account = Profit approach loss

  • Income Summary = income and loss plans
  • Incremental cost = additional costs
  • Independent Auditor Report = free inspection report
  • Indirect Expense = Indirect costs
  • Indirect Departmental Expense = Indirect department costs
  • Indirect factory cost = Indirect factory costs
  • Indirect Labor = Indirect labor
  • Inderect Material = Indirect raw material
  • Indirect Operating Expense = indirect business costs
  • Individual Priprietorship = individual company
  • Inflation = Inflation
  • Information = information
  • Information System = Information system
  • Initial Inventory = Initial inventory
  • Initial Audit = Initial Audit = Initial / first time inspection
  • Input Tax = Input tax
  • Installation Cost = Installation or installation costs
  • Installment = Installment or installments
  • Installment Contract Receivable = Installment sales receivables
  • Installment Method = Installment method
  • Installment Payable = Installment payable
  • Installment Term Debt = Medium term debt
  • Insurance Expense General = General insurance costs
  • Insurance expense selling = selling insurance costs
  • Intagible Asset = intangible assets
  • Intangible Fixed Assets = Intangible fixed assets
  • Intercompany Loans = Intercompany loans
  • Interest = Interest
  • Interest Baering Note = Interesting notes
  • Interest Expense = Interest costs
  • Interest Factor = Interest factor
  • Interest Income = Interest income
  • Interest ayable = Interest payable
  • Interest Receivable = Interest Receivable
  • Interim Statement = Interim report
  • Internal Audit = Internal Audit
  • Internal Auditor = Internal Audit
  • Internal Control = Internal Audit
  • Internal Control Questioary = Internal control questions
  • Internal Finacing = Internal financing
  • Inventory = Inventory
  • Inventory Balance = Inventory Balance
  • Inventory of Materials = Raw Material

Inventory • Inventory Trun Over = Inventory turnover

  • Inventory Valuation = Inventory Valuation
  • Invesment In Fund = Investment in funds
  • Investment In Bond = Investment in bonds
  • Investment In Joint Venture = Investment in joint ventures
  • Investment In Land = Investment in land
  • Investment In life Insurance = Investment in the form of life insurance
  • Investment In Stock = Stock investment
  • Investors = People who invest
  • Invoice = Faktur

 

Alphabetically (J)

  • Job order cost = Order cost
  • Job order cost sheet = Order cost card
  • Job order cost system = Order cost system
  • Job time ticket = Working hour card
  • Joint cost =

Joint costs • Joint cost of capital = Cost of using shared capital

  • Joint product = Joint production
  • Joint venture = Joint venture
  • Joint venture books = joint venture books
  • Journal = Diary
  • Journal entry = Journal entries
  • Journalizing = journaling / journaling
  • Judgment sample = Consideration sample

 

Alphabetically (L)

  • Labor = Labor
  • Labor budget = Labor budget
  • Labor cost = labor costs
  • Labor cost control = labor cost control
  • Labor cost report = Labor cost report
  • Labor efficiency ratio = Labor efficiency ratio
  • Standard labor efficiency =

Labor efficiency standard • Labor efficiency Variance = Difference in wage efficiency

  • Labor Fringe benefit = Income received by workers
  • Labor performance report = Work implementation report • Labor

rate variance = Labor rate deviation

  • Land = Land
  • Land right = Right to land
  • Last in first out (LIFO) = Enter first out first
  • Lease = Lease
  • Lease agreement = Lease contract
  • Leaseing = Lease
  • Ledger = General ledger
  • Legal capital = Legal capital
  • Lessee = The party who rents out for goods
  • Lessor = The party who leases the goods
  • Letter of comments = Comment letter
  • Letter of transmettal = Attack notes
  • Liabilities = Liabilities
  • Limited liabilty = limited liability
  • Liquidating dividends = Liquidating dividends
  • liquidity = ability to pay short-term debts
  • Long from report = long-term accounting reports
  • Long run proof = long-term checks
  • Long term debets = Long-term debt
  • long term debit to equity ratio = ratio of long term debt to equity
  • Long term investment = long term investment
  • Long term liabilities = Long term debt
  • Loss = loss
  • loss from operation = Business loss
  • Loss on realization = Realized loss
  • Loss on reduction of inventory = Loss on decline in stock value
  • Loss on repossession = Loss on withdrawal
  • Loss on sale of investment = Loss on sale of investment
  • Loss on trade in = Loss on exchange
  • Unit loss = Unit lost
  • Lower cost or market = Price purchase or lower market price
  • Lumsump purchase = Purchase in bulk

 

Alphabetically (M)

 

  • Machine = Machine
  • Maintenance Cost = Maintenance costs
  • Maintenance Department Butget = Maintenance department budget
  • Maintenance Expense = Maintenance costs
  • Management Accounting = Management accounting
  • Management Advisory Service = Company consulting services
  • Management Audit = Management checks
  • Management By Exception = Management with the exception
  • Manufacturer = Manufacturer
  • Manufacturing Company = Manufacturing company
  • Manufacturing Cost = Manufacturing costs
  • Manufacturing Overhead = Factory overhead
  • Markdown cancellation = Price reduction cancellation
  • Market Rate = Market price
  • Market Value = market price
  • Market Value At Split Off = The selling price at the split point
  • Market Value Of Rights = The selling price of the right to buy shares
  • Market Value Of Stock Ex Right = The market price of shares without the right to buy shares
  • Marketable securities = securities
  • Marketing = Marketing
  • Marketing Department = Marketing Department
  • Marketing Expense = Marketing costs
  • Markup Cancellation = Price increase cancellation
  • Matching Cost With revenue = Determination of revenue and costs
  • Material = Raw materials
  • Material Account = Estimated raw materials
  • Material in Control = raw material control
  • Material in Process = Raw materials in process
  • Material ledger = Raw material ledger
  • Material Ledger Card = raw material card
  • Material Mix Variance = Difference in material composition
  • Material Price variance = Deviation in raw material prices
  • Material Usage prince Variance = Price difference for material usage
  • Material Yield Variance = Difference in material yield
  • Material Requisition = Raw material demand
  • Medical Expense = Medical expenses
  • Merchandise Inventory = Merchandise inventory
  • Merchandise Inventory Turnover = Merchandise inventory turnover
  • Merchandise Shipment on Consigment = Consignment delivery
  • Merchandise Company = Trading Company
  • Mixed Account = Mixed account
  • Mixed Opinion = Mixed Opinion
  • Mortgage Bond = Mortgage Bonds
  • Mortgage Payable = Mortgage Payable
  • Moving Average = Moving average

 

Also Read:   Understanding the International Balance of Payments

Alphabetically (N)

  • National Association of Accounting = National accountants association
  • Natural Business year = Natural business year
  • Negative Assurance = Negative guarantee
  • Net Asset = Net activity
  • Net earning = Net income
  • Net income = Net profit
  • Net Income After Tax = Net income after taxes
  • Net Loss = Net losses
  • Net Method = Net Method
  • Net Profit = Net income
  • Net Purchase = Net purchases
  • Net Realizable Value = Net realizable value
  • Net Sales = Net sales
  • Net Worth = Net assets
  • Nominal Accounts = Estimated nominal
  • Nominal value = nominal value
  • Normal Balance = term = normal balance
  • Not Sufficient Fund = insufficient funds
  • Note Payable = Notes payable
  • Note Receivable = Notes receivable
  • Note of Financial Statement = Notes on financial statements
  • Notice of Employment = Work agreement letter.

 

Alphabetically (O)

  • Observation of Inventory = Observation of inventory
  • Observation Of Inventory Taking = Observation of inventory calculation
  • Occupancy Cost = Cost of living or fixing
  • Office Equipment = Office equipment
  • Office Salaries Expense = Office parts salary costs
  • Office Supplies = office supplies
  • Office Supplies Expense = Office equipment costs
  • One Time Voucher procedure = Procedure for making vouchers at once
  • One Write System = One-time write system
  • Open Item Statement = statement letter for open elements
  • Operating Assets = Akifa or operating capital
  • Operating Expense = Business costs
  • Operating Sales Budget = Sales operating budget
  • Operating Transaction = Operational Transaction
  • Opinion = Opinion
  • Opportunity Cost = Opportunity Cost
  • Ordering Cost = Order Cost
  • Ordinary Repair = Extraordinary reparations
  • Organization Chart = Organizational Structure
  • Other General Expense = Other general costs
  • Other Longterm Liabilities = Long term debt Other lengths
  • Out Of Pocket Cost = Own pocket costs
  • Out Tax = Output tax
  • Outlay = Expenses
  • Outstanding check = outstanding checks
  • Out standing Stock = outstanding shares
  • Over Time = Overtime
  • Over All Cost Of Capital = Cost of capital usage Average
  • Over Applied Factory Overhead = Excess factory overhead applications
  • Over draft = excess withdrawal
  • Over Stated = too high
  • Owners Equity = Owner’s capital
  • Onnership Right = Company owner’s rights.

 

Alphabetically (P)

 

  • Partner in Charge = Main partner
  • Partnership = Partnership
  • Payable = Payable
  • Payable to Defaulting Sub source = Payable to share ordering
  • Payment = payment
  • Percentage Depletion = Percentage depletion
  • Perferred Stock holder = Special shareholder • Performance

Report = Implementation report

  • Premium = Agio
  • Premium of Prepered Stock = Preferred share premium
  • Premium on Bonds Payable = Bonds premium
  • Premium on stock = Share premium
  • Prepaid Advertising = Prepaid advertising
  • Prepaid expense = Prepaid expenses
  • Prepaid Insurance = Prepaid insurance
  • prepaid Transportation = Transportation rental prepaid
  • Prepayment = advance payment
  • Price Index = Price index
  • Primary working capital = Perimer working capital
  • Process Cost = Process costs
  • Professional Fess = professional income
  • Profit = profit
  • Proforma = Projections
  • Progress Billing to Costomer = factored contract price
  • Property = Wealth
  • Property Tax = Wealth tax
  • Purchase = purchase
  • Purchase Discount = Purchase Discounts
  • Purchase Invoice = Purchase invoice
  • Purchase journal = Purchase diary
  • Purchase Method = Purchase method
  • Purchase order = Purchase order
  • Purchase Requistion = Purchase request

 

Alphabetically (Q)

  • Qualified Opinion = Unconditional reasonable opinion
  • Quick Ratio = Ratio of cash assets

 

Alphabetically (R)

  • R & D Cost = Research and development costs
  • Rate of Return = Rate of return
  • Rate of Return on Net Worth = Own capital

profitability

  • Analyst ratio = analsa ratio • Ratio of Plant Asset to Long term Liability = Comparison of fixed prices with term debt long.
  • Raw Material = Raw materials
  • Raw Material Investory = Inventory of raw materials
  • Raw Material Price Variance = Deviation of raw material prices
  • Realized Gross profit On Installment Sales = Realized gross profit
  • Re Arrangement = rearrangement
  • Receivable = Receivables
  • Receivable Collection Budget = Accounts receivable collection budget
  • Receivable Trun Over = Accounts receivable turnover
  • Receivable Write Off = Write off of accounts receivable
  • Receiving Account = report of receipt of goods
  • Reciprocal Account = opposite estimate
  • Recovable From Insurance Companies = Receivables from insurance
  • Redemption of bound = Termination of bonds
  • Redemption value = Value of withdrawal
  • Refference = Clues
  • Registered Bonds = List of bonds
  • Related Partty transactions = Transactions with related parties
  • Reliability = Trustworthy
  • Rent Earned = Rental income
  • Rent Income = Rental income
  • Re Odrder Points = Return order points
  • Repair And Maintenance Expense = Cost of repairs and maintenance
  • Repeat Audit = repeated checks
  • Replacement Cost = Change value
  • Report = Report
  • Report Form = Report form • Report Form

Balance Sheet = Balance sheet form

  • Representative Letter Client = Service statement letter
  • Required Rate of Return = Rate of return in want
  • Resaerch and Development Budget Reserve = Research and development budget reserves
  • Residual Value = Residual value
  • Responsibility Accounting = Responsibility accounting
  • Responsibility Center = Responsibility center
  • Responsibility Reporting Restated = Accountability report restates
  • Restrition of Diveden = Dividend limitation
  • Retail Lifo Inventory Method = retail pricing method
  • Retail Merchandsing = merchandise sold at retail
  • Retail Method = retail method
  • Retained Earning =

Retained earnings • Retained Earning Statement = Retained earnings statement

  • Retirement of Bonds = Bond withdrawal
  • Return On Invesment = rate of return on investment
  • Revaluation = takedown
  • Revennue = income
  • Revenue Center = Center for profit production
  • Revenue Expenditure = Expenditure of income
  • Revenue Recognition = revenue recognition
  • Reversing Entries = Reversing journal entry
  • Riel Material Invetory Turnover = Turnover of raw material inventory .

 

Also Read:   Proof of Transaction

Alphabetical (S)

  • sefety Stock = Inventory clean
  • Safe Harbor Rule = Rule protection
  • Saleries Allowance = allowance salary
  • Salary Expense = Salaries
  • Sale On Account = Credit Sales
  • Sales = Sales
  • Sales Budget = Anggran sales
  • Sales Discount = Pieces of sales
  • Sales Invoice = Sales invoice
  • Sales Journal = Sales diary
  • Sales Mix Variance = Difference in composition
  • Sales order = Sales order
  • Sales Return = Sales returns
  • Sales Salaries Expense = Sales salary expenses
  • Sale Salaries Payable = Sales payable
  • Sales Tax = Sales tax
  • Salvage value = Residual value
  • Sample Risk = Sample withdrawal risk
  • Schedule Of Account Payable = List of accounts payable
  • Schedule Of Account Receivable = List of accounts receivable
  • Schedule Of Factory overhead = List of factory overheads
  • Scrap Value = value of residual goods
  • Seasonal Working Capital = Seasonal working capital
  • Secured Bond = Bonds that are guaranteed
  • Selling Expense = Cost of sales
  • Semifixed Cost = Semi fixed costs
  • Separable Cost = Additional costs
  • Separation Report = Report of dismissal
  • Service Firm = Service company
  • Set Up Cost = Order Fee
  • Share holder = Shareholders
  • Shipment On Installment sales = Delivery of goods in installments
  • Short Form Report = Short form accounting report
  • Shut Down Point = business closing point
  • Significant = Important enough means
  • Simple Average Of Cost = Simple average method
  • Single Bookkeeping =

Single bookkeeping • Single entery System = single bookkeeping system

  • Single step = Single step
  • Sinking Fund = Repayment fund / payment fund
  • Slush Fund = Tactical fund
  • Social Benefit = Social benefit
  • Sole Proprietorship = Individual company
  • Sound Value = Healthy value
  • Special Journal = Special journal
  • Specified Order Of Closing = The allocation sequence method is set
  • Spoilage = Production defects
  • Spoiled Goods = disabled product
  • Standard of Reporting = Inspection reporting norms
  • Statement By Director = handling statement
  • Statement Of Changes Financial Position = Report of changes in financial position
  • Statement Of Changes In Working Capital = Report of changes in working capital
  • Statement Of Cost Of Goods Manufacture = Report of cost of goods manufactured
  • Statement of Financial Position = Statement of financial position
  • Statement Of Owners Capital = Report of changes in capital
  • Statement Of Retained Earning = Statement of retained earnings
  • Statement Of Source And Application Of Fund = Report of sources and use of funds
  • Step Method = Gradual allocation method
  • Stock Outstanding = Stock exchange
  • Stock Redemption Fund = Profit distributed in the form of shares
  • Stock Right = shareholders
  • Stock Rigth Outstanding = Shareholders meeting
  • Stock Convertion = Share withdrawal fund
  • Stock Holder Meeting = Shareholders meeting
  • Stock Subcription = Shares ordered
  • Stock Warrant = Letter of purchase rights
  • Storage Cost = Storage costs
  • Store Salaries Expense = Shop salary expenses
  • Straight Line Method = Straight line method
  • Subsidiary ledger = Added books
  • Sunk cost = hidden costs
  • Supplementary information S = Additional explanation
  • Supplies = completeness
  • Supplies Expense = Cost of equipment
  • Surplus = excess
  • Supporting Schedule = Additional list

 

Alphabetically (T)

  • T Account = Estimated form T
  • Tangible Asset = tangible assets
  • Tangible Fixed Asset = Tangible fixed assets
  • Tax Acoounting = Tax accounting
  • Tax Deduction = Tax deduction
  • Tax Invoice = Tax invoice
  • Tax Return Statement = Tax return letter
  • Taxable Firm = Taxable entrepreneurs
  • Taxable income = Taxable income
  • Taxes Expense = Tax costs
  • Taxes Holiday = Tax exemption
  • Taxes payable = Tax payable
  • Taxes Rate = Tax rates
  • Taxes Return = Taxes returned
  • Temporary Investment = Temporary investment
  • Temporary Proprietorship = Estimated temporary ownership
  • Tender Offer = Trade offer
  • Term Compliance = Compliance test
  • The old & New Balance Proof = Checking opening and ending balances
  • Theoretical Capacity = theoretical capacity
  • Three Variance Method = Three deviation method
  • Tickmarks = Check marks
  • Time Value of Money = Time value

instead of money • Timing Diffrence = Time difference

  • To Compare = Compare
  • To Trace = Trace
  • Total Asset Turn Over = Total assets turnover
  • Total Asset To Debts Ratio = Ratio of assets to debt
  • Tracks = Estimates
  • Trade Discounts = Trade discounts
  • Trande In = Trade-in
  • Trade Mark = Trademark
  • Traveling Expense = Travel costs
  • Treasurer = Financial officer
  • Treasury Bill = Long-term debt securities
  • Treasury Department = Finance Department
  • Trent Analyst = Development analysis over time
  • Trial balance = Trial balance
  • Trouble Debt Restructuring = Realignment of debt non-performing
  • Trust Fund = Representative fund
  • Turn Over = Turnover
  • Two bin System = Two bin system
  • Two collumn Account = Two column estimate
  • Two collumn journal = Two journal columns
  • Two Variance Method = Two deviation method

 

Alphabetically (U)

  • Unadjusted Trial Balance: Unadjusted trial balance
  • Unearned Income: Unearned rent
  • Uncertainties: Uncertainties
  • Uncollectible Account: Debt write-off expense
  • Uncollectible Account Receivable: Accounts receivable write-off expense
  • Under Applied Overhead: Overhead charged too low
  • Unearned Revenue :

Unemployment tax: Unemployment tax: Reduction tax

Unexpired: Not expired

Unfavorable Variance: Difference of loss

Uniformity: Uniformity

Unissued Capital stock: Unissued capital stock: Unissued capital stock: Unissued capital stock:

Unit Cost: Price per

unit Equivalent unit: Equivalent

  • Unit Of Output Depreciation: Depreciation by total output
  • Unit Product Cost: Unit cost of production
  • Unit Profit Graph: Perunit profit graph
  • Unit Still In Process: Units in Process
  • Unlimited Liabilities: Unlimited Liabilities
  • Unqualied Opinion: Fair Income
  • Unvoidable Cost: Costs that are avoided
  • Useful Life: Period of Use

 

Alphabetically (V)

  • Valuation Account: Estimated valuation
  • Value: Value
  • Value Added: Value added
  • Value Added Tax: Value Added Tax
  • Value In Use: Value reduction
  • Variable Cost: Variable costs
  • Variable Cost Ratio: Variable cost ratio
  • Variable Efficiency Variance: Variable cost efficiency deviations
  • Variance Analyzer: Difference analysis
  • Variance Analyzer Report:

Deviation analysis report • Verability: Test power

  • Vertical Analyzer: Vertical analysis
  • Volume Variance: Deviation in content
  • Vouching: Wage costs
  • Register Voucher: Basic document check
  • Voucher : Documents
  • Voluntary Contribution: Voluntary savings

 

Alphabetical (W)

  • Working Capital: Working capital
  • Working In Process: Work in process
  • Working In Process Inventory: Work in process inventory
  • Wages Expense: Basic document check
  • Wages Rate: Wages costs
  • Wages And Taxes Statement: Wages and tax reports
  • Working Paper For Consolidated Balance Sheet: Work sheet for consolidated balance sheet

Weighted Average:

Weighted average method Weighted Average Method: Weighted average method

working sheet:

Work sheet: Work sheet: Working Paper: Working paper

Write Off: Abolished

Write Off Method : Method of removal

 

Alphabetically (Y)

  • Yield = Method of eliminating
  • Yield Variance = Deviation of yield

 

Alphabetically (Z)

  • Zero Base Budgeting = Budgeting on a zero basis

 

These are the terms in accounting. hopefully useful always.

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