name given to an account

record summarizing all the info pertaining to a single item in the accounting equation

shows relationship among assets, liabilities, and owner’s equity

summaries of a business’s financial activities

planned process for providing financial information that will be useful to management

planning recording, analyzing, and interpreting financial information

anything of value that is owned or controlled

use of ethics in making business decisions

account used to summarize the owner’s equity

financial rights to the assets of a business

principles of right and wrong

decrease in owner’s equity resulting from the operation of a business

reports that summarize the financial condition and operations of a business

amount of money owed to the creditors of a business

amount remaining after the value of all liabilities is subtracted from the value of all assets

business owned by one person

increase in owner’s equity resulting from the operation of a business

sale for which cash will be received at a later date

performs an activity for a fee

performs an activity for a fee

assets taken out of a business for the owner’s personal use

people assets mines

finance debt that arrives from doing business

finance debt that arrives from doing business

is an accounting professional who has passed the Uniform CPA examination and has also met additional state certification and experience requirements. /Certified Public Accountant