北美财务术语详解 Finance and Accounting For Non-Financial Managers
Accounting/Finance
Recording, classifying, and summarizing financial transactions in terms of dollars and their interpretation 。
Key Accounting Terms
Accounting equation
Assets = Liabilities + Owner’s Equity
A = L + OE
Revenue
Money earned from selling goods or services
Increases owner’s equity
Expense
Cost of goods or services that a business buys and uses to earn revenue
Decreases owner’s equity
Net profit/Assets
Net profit or net loss = Revenue – Expenses
Incorporated Assets = Liabilities + Owner’s Equity + Revenue – Expenses
A = L + OE + R – E
Accounts
Used to record and summarize business transactions
Transactions
Any business event or activity that involves monetary value
Capital and withdrawals
Fixed cost and variable cost
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