Accountancy, asked by Anonymous, 4 months ago

Write the basic terms of accounting?
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Answers

Answered by mayankmehta03022007
2

Answer:

Basic Accounting Terms

Accounts Payable. Accounts payable refers to the money a business owes to its suppliers, vendors, or creditors for goods or services bought on credit. ...

Accounts Receivable. ...

Accounting Period. ...

Accruals. ...

Accrual Basis Accounting. ...

Assets. ...

Balance Sheet. ...

Capital.

Answered by Anonymous
3

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•Accounts Payable. Accounts payable refers to the money a business owes to its suppliers, vendors, or creditors for goods or services bought on credit.

•Accounts Receivable.

•Accounting Period.

•Accruals.

•Accrual Basis Accounting.

•Assets.

•Balance Sheet.

•Capital.

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