Question

WHAT ARE THE BASIC TERMS OF ACCOUNTING? (ANY 5)​

Answer 1

The basic terms of accounting Are:

1. Accounts receivable
2. Accounts payable
3. Assets classes
4. Balance sheet
5. Capital

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Answer 2

The basic terms of accounting are:

Accounts receivable (AR) ...
Accounting (ACCG) ...
Accounts payable (AP) ...
Assets (fixed and current) (FA, CA) ...
Asset classes. ...
Balance sheet (BS) ...
Capital (CAP) ...
Cash flow (CF)




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