Chapter 1 - Introduction to Accounting

accounting

accrual basis accounting

adjusting entries

assets

auditing

balance sheet

bookkeeping

cash basis accounting

System of reporting revenues and expenses at the time they are collected or paid, respectively

conservatism principle

consistency principle

corporation

cost accounting

cost principle

expenses

financial accounting

full disclosure principle

general partner

income statement

liabilities

limited liability company

limited partner

limited partnership

limited liability

managerial accounting

owners' equity

partnership

revenues

S corporation

sole proprietorship

statement of cash flows

tax accounting