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sharon.jay.campbell
The A's of Accounting
Basic accounting terms you'll need to understand when pursuing an online master of accountancy (MAcc) from the University of Nevada, Reno. Full degree details here: https://onlinedegrees.unr.edu/master-of-accountancy/
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Accelerated Depreciation MethodMethod that produces larger depreciation charges in the early years of an asset's life and smaller charges in its later years
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AccountRecord within an accounting system in which increases & decreases are entered stored in a specific asset liability, equity, revenue, or expense
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Account BalanceDifference between total debits & total credits (including the beginning balance) for an account
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Account Form Balance SheetBalance sheer that lists assets on the left side & liabilities ad equity on the right
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Account PayableLiability created by buying goods or services on credit; backed by the buyer's general credit standing
