Q2/ Give the meaning of the following ( answer 15 only ).. 1- account 2- accounting 3- account payable

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Q2 / Give the meaning of the following ( answer 15 only) ..
1- account
2- accounting
3- account payable
4- General journal
5- Trial Balance 6- Salaries
7- purchase
8- sales
9- Rent revenue
10 - Rent expenses
11 - Enterest expenses
12 - cash
13 - selling expenses
14 - Net income
15- Balance sheet
16 - cost of goods sold
17- income tax
18 - inventory
19 - Note receivable
20- land
21 - equipment
22- Current assets
23 - posting 24- capital
Transcribed Image Text:Q2 / Give the meaning of the following ( answer 15 only) .. 1- account 2- accounting 3- account payable 4- General journal 5- Trial Balance 6- Salaries 7- purchase 8- sales 9- Rent revenue 10 - Rent expenses 11 - Enterest expenses 12 - cash 13 - selling expenses 14 - Net income 15- Balance sheet 16 - cost of goods sold 17- income tax 18 - inventory 19 - Note receivable 20- land 21 - equipment 22- Current assets 23 - posting 24- capital
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