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Accounting

Review the language of accounts, assets, liabilities, audits, and financial records. Built for making business numbers easier to read.

AccountingBusiness

Preview terms from Accounting

AccountRecord of financial transactions
Accounting EquationAssets = Liabilities + Equity
Accrual AccountingRecognize revenue when earned and expenses when incurred
Accounts PayableShort-term debts to suppliers
Accounts ReceivableMoney owed by customers
AssetResource owned by a business

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