| chapter 18 | |
| type of accounting | |
| type of accounting | |
| a summary of dollar amounts of a firms assets | |
| an asset that does not physically exist | |
| asset that will be held for longer than one year | |
| asset that can quickly be converted to cash | |
| debts that need to be repaid in one year or less | |
| debts that dont need to be paid for at least one year | |
| revenues less expenses, when the difference is positive | |
| revenues less expenses, when the difference is negative | |