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Accountant Terms


  > Receipt
A written record of a transaction.
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  > Accrual Method Of Accounting
Accounts for income and expenses in the 12-month period earned or incurred, which is not necessarily when it is received or paid.
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  > Accounting
term that refers to the overall process of tracking your business's income and expenses, and then using these numbers in various calculations and formulas to answer specific questions about the financial and tax status of the business.
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Apr 27, 2006 - Office of the Chief Accountant Selects Two Professional Accounting Fellows
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