credit entry
An accounting entry acknowledging income or capital items. (source: thefreedictionary.com )
An accounting entry acknowledging income or capital items. (source: thefreedictionary.com )
Accounting practices that follow required laws and regulations, but deviate from what those standards intend to accomplish. Creative accounting capitalizes on loopholes in the accounting
To make an entry in an account representing a decrease in the value of assets or an increase in the amount of liabilities.(http://accountingdictionary.org/dictionary/credit/)
A journal entry recording an increase in assets. With cash basis accounting, credits are recorded when income is received. With accrual basis accounting, credits are
An official whose job it is to carefully check the accuracy of business records. (source: http://www.investopedia.com/terms/a/auditor.asp)
Statement of the financial condition of a company and all of its subsidiaries, listing assets, liabilities, and net worth at the time of the report.
Qualified accounting professional which job is to audit financial statements and business practices as well as offer advisory services to clientèle. (source: http://www.investopedia.com/terms/c/ca.asp#ixzz26BfNZWg6)
A control, esp a rapid or informal one, designed to ensure accuracy, progress, etc (source: http://www.wordreference.com/definition/checking)
Cash flow is the measure of money flowing in and out of your business at any given time. In an ideal business cycle, you will
Record of money transactions. A record of receipts and payments of cash, checks, or other forms of money transfer (source: http://www.qfinance.com/dictionary/cash-account)
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