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In general, when learning new vocabulary it's a good idea to avoid translating the new words into your native language. With such a specific field like accounting. The NYSSCPA has prepared a glossary of accounting terms for accountants and journalists who report on and interpret financial information. 9 Jun an accounting entry acknowledging sums that are owing. The transaction is recorded as a " debit entry" (Dr.) in one account, and a "credit" (Cr.).
To pass this unit, please study the 15 vocabulary words below. companies use bookkeepers for their daily accounting needs and only use an accountant for. Start studying Accounting Vocabulary. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Glossary. Account -- a record of financial transactions; usually refers to a specific Accounting period -- the period of time over which profits are calculated.
Entering into the accounting field can be a little confusing at first with all of the new terminology to learn. Don't feel left out in conversations and don't be left. conorinc.com's accounting dictionary defines accounting terms in a way that is easy for anybody to understand. Whether completing undergraduate work or preparing for the CPA exam, accounting students have told us that a glossary of terms is never far from their side.