ACCOUNTING VOCABULARY

Description

Dar a conocer las definiciones de cada uno de los términos contables.
Edna Lizeth Torres
Flashcards by Edna Lizeth Torres, updated 7 months ago
Edna Lizeth Torres
Created by Edna Lizeth Torres 7 months ago
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Resource summary

Question Answer
PAY FOR It is paying the expense caused by any economic activity.
DEDUC Subtract a certain amount from the capital, for a payment.
COLLECT Action of receiving a payment for a service or debt.
DO It is the execution or carrying out of some action.
KNOW They are the set of knowledge about a particular topic, accompanied by experience about it.
LIQUIDATE It is making the full payment of an account or finalizing the status of something.
CALCULATE They are the steps taken to obtain a result.They are the steps taken to obtain a result.
REGISTER It is the set entries made in a period with all accounting operations.
CONCILIATE It is the review of the movements in the company's books with those of the account statement to determine equality in values.
ORGANIZE It is the activity that aims to give order to the accounts.
FORECOST They are predictions made from previous reports about a subject's behavior.
SUBSCRIBE It is the exchange of values with payment thereof, creating the famous counterparty.
MANAGE This consists of organizing the operation of an activity or place.
CHECK IN It is making a detailed record of a purchase or sale.
COUNT It aims to give a number to objects in a set one by one to determine the quantity.
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