1.Accounting会计（学）: is an information and measurement system that identifies records and communicates relevant reliable and comparable information about an organization’s business activities.
2.Managerial accounting管理会计: is the area of accounting that rves the decision-marking needs of internal urs
3.Events项目: refer to happenings that affect an entity’s 动画头像
accounting equation and can be reliably measured.
4.External ur外部使用者: of accounting information are not directly involved in running the organization.
5. Internal ur内部使用者: of accounting information are tho directly efficiency and effectiveness of an organization.
6.Ethics: are beliefs that distinguish right from wrong. They are accepted standards of good and bad behavior.
7.Cost principle（历史）成本原则: means that accounting information is bad on actual cost.
8.Revenue recognition principle（营业）收入确定原则: provides guidance on when a company must recognize revenue.
9.Matching principle配合原则，收支对应原则: prescribes that a company must records its expens incurred to generate the revenue reported.
10.Going-concerning assumption持续经营假设: means that accounting information reflects a presumption that the business will continue operating instead of being clod or sold.
11.Audit审计，审核: through review of an organization’s accounting records and accounting reports and return make by the analysis.
12.Net income净收益，收益净额: amount a business earns after paying all expens and costs associated with its sales and revenues.
13.Income statement损益表: describes a company’s revenues and expens along with the resulting net income or loss over a period time due to earnings activities.
14.Statement of owner’s equity所有者: explains changes in equity from net income (or loss) and from any owner investments and withdrawals over a period of time.
15.Balance sheet资产负债表，平衡表: describes a company’s financial position (types and amounts of asts liabilities and equity) at a point in time.
16.Statement of cash flows现金流量表: identifies cash inflows (receipts) and cash outflows (payments) over a period of time.
17.Owner’s withdrawals account所有者提款账户: the account ud to record the transfers of asts from a business to its owner.
18.Liabilities负债: is what a company owes its no owners (creditors) in future payments, products, or rvices.
19.Accounting equation会计恒等式: Asts=Liabilities + Equity.
20.Accrued expen应计费用，预提费用: refer to costs that are incurred in a period but are both unpaid and unrecorded.
21.Operating cycle:经营周期 is the time span from when cash is ud to acquire goods and rvices until cash is received from the sale of goods and rvices.
22.Shareholders (investors):股东，投资者 are the owners of a corporation.
23.Current radio:目前的广播电 a ratio ud to help evaluate a company’s ability to pay its debts in the near future.
24.Merchandi inventory:库存商品，商品盘存 refers to products that a company owns and intends to ll.
25.Cash discount:现金折扣，现金贴现 reduction in a receivable or payable if it is paid within the discount period. llers can grant a cash discount to discourage buyers to pay earlier
26.Gross profit:总利润 also called Gross margin, which equals net sales cost of goods sold.
27.Credit period:付款/信贷期限 the amount of time allowed before full payment is due.
28.Acid-test ratio酸性比率测试: a ratio ud to asts a company’s ability to pay its current liabilities; defined by current liabilities.
29.Selling expen:销售费用 include the expens of promoting sales by displaying and advertising merchandi, making sales, and delivering goods to customers.(P124)
30.General and administrativ见风使舵的意思
e expen（一般）管理费用: support a company’s overall operations and include expens related to accounting, human resource management, and financial management.
31.Time period assumption: 会计分期假设presumes that the life of a company can be divided into time periods, such as months and years, and that uful reports can be prepared for tho periods.
32.Account receivable:应收账款 are held by a ller and decread by custo法治名言
mers to llers.
33.Prepaid account (also called prepaid expens): 预付费用/待摊费用are asts that r中国最大的淡水湖是
eprent prepayments of future expens (not current expens).
34.Purcha discount:购物折心灵音乐
扣 purchar’s description of a cash discount received from a supplier of goods.
35.Sales discount:销售折扣 ller’s description of a cash discount granted to buyers in return for early payment.
36.Trade discount:商业折扣 reduction below list or catalog price 行文脉络
hat is negotiated in tting the price of goods.
