Accountancy, asked by Nabeelhasan, 10 months ago

Basic terms of accounting​

Answers

Answered by princesskajal
3

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Basic Accounting Terms All Business Owners Should Know

Accounts Payable (AP) Accounts Payable include all of the expenses that a business has incurred but has not yet paid. ...

Accounts Receivable (AR) ...

Accrued Expense. ...

Asset (A) ...

Balance Sheet (BS) ...

Book Value (BV) ...

Equity (E) ...

Inventory.

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