accounting/finance careers
accounting vocab
random
more random
math
100
professional who produces and examines financial records
What is an accountant
100
revenue, expenses, net income or net loss
What is an income statement
100
what a company is worth after their assets are subtracted by the liabilities
What is owners equity
100
shows revenue, expenses, and net income
What is income statement
100
assets=liabilities+owners equity
What is accounting equation
200
accountants who meet specific educational requirements and need to pass a test
What is a certified public accountant
200
buildings, office equipment, land
What is assets
200
money you owe
What is liabilities
200
when income is greater than expenses
What is profit
200
if liabilities are 2000 and owners equity is 3000, what is assets?
$5000
300
checks on work of accountants and bookkeepers
What is an auditor
300
assets, liability, owners equity
What is balance sheet
300
amount of money a company earns
What is revenue
300
when expenses is greater than income
What is loss
300
if assets are 8000 and owners equity is 5000, what are liabilities?
$3000
400
professional who may have responsibility for a businesses financial records
What is a financial manager
400
balance sheet, income statement, statement of changes in owners equity
What is financial statements
400
period of time covered by a statement
What is fiscal period
400
cost of maintaining and operating a buisness
What is expenses
400
if liabilities are 4000 and assets are 3540, what is owners equity?
$-460
500
handles deposits, withdrawals, selling travelers check, accepting loans, and preparing money orders
What is a bank teller
500
mortgage loan debt, accounts payable, taxes to be paid
What is liabilities
500
reports changes that have occurred in the owners equity account during fiscal period
What is statement of change in owners equity
500
recording and reporting financial activity
What is accounting
500
if assets are 5670 and owners equity is 4754, what is liability?
$916
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