Accounting Terminology Guide Over 1,000 Accounting and Finance Terms
ContentUnrestricted FundsCurrent RatioCondensed Financial StatementDate of Auditors’/Accountants’ ReportContra Account
FixedAsset- Any tangible ASSET with a life of more than one year used in an entity’s operations. Excess of actual REVENUE over projected revenue, or actual costs over projected costs. Circumstance where a business receives more money from a factor than thevalueof the RECEIVABLES, which is aloanagainstinventoryin […]
