About this document

Accounting and Finance Vocabulary Guide by Heba Hosni is a document available to read on EtoBox.

This document provides definitions for key accounting and finance terms such as accrual basis accounting, depreciation, expense, fixed asset, GAAP, levy, net earnings, omit, reducing balance depreciation, and revenue. It explains that accrual basis accounting records income and expenditure when they are earned, depreciation allocates the cost of an asset over its useful life, and fixed assets are not consumed during normal business activities.

Author

Heba Hosni

Language

EN