1
The gradual conversion of the cost of a tangible capital asset or fixed asset into an operational expense
2
Payment of cash or cash-equivalent for goods or services
3
A claim against the assets, or legal obligations of a person or organization, arising out of past or current transactions or actions
4
Business expenses or losses which are legally permitted to be subtracted from the gross revenue of a firm in computing its taxable income.
5
The total revenue in an accounting period minus all expenses during the same period
6
the study of how money is managed and the actual process of acquiring needed funds
7
The income generated from sale of goods or services
8
Amount by which total of costs and expenses exceeds total revenue in an accounting period.
9
The flow of cash or cash-equivalents received from work
10
The surplus remaining after total costs are deducted from total revenue, and the basis on which tax is computed and dividend is paid
11
Something valuable that an entity owns, benefits from, or has use of, in generating income
12
To gain money or something of value in exchange for one's labor or time.
13
Bounty, contribution, gift, or subsidy (in cash or kind) bestowed by a government or other organization (called the grantor) for specified purposes to an eligible recipient (called the grantee)
14
Unrecoverable and usually unanticipated and non-recurring removal of, or decrease in, an asset or resource.
