Details Title: accounting notes Description: lesson 1.1 Total Flash Cards: 8 Created: 09/14/2006 17:05:07		New Users: To study from this flashcard set, or to create your own your own study flash cards, REGISTER HERE. Existing Users: CLICK HERE. Additional Accounting Flashcards
Cards in this set: Term accounting Definition planning, recording, analyzing and interpeting finacial data Term accounting system Definition planned process provinding information that's useful in managment Term accounting records Definition organized summaries of business activities Term service Definition activity for a fee Term proprietorship Definition owned by one Term asset Definition anything of value thats owned Term equities Definition finacial rights to the assets of a business Term owners equity Definition ammount left after subtracting liabilities from assets