| No. | English | Farsi | Pashto | Subject |
|---|---|---|---|---|
| 616 | comparability: a qualitative characteristic of accounting information that arises when companies use the same accounting principles, allowing comparison of accounting information among companies. | - | - | Accounting |
| 617 | cash flow statement: a financial statements that shows cash inflows and outflows from operating, financing and investing activities by the business over a specific period of time. Covers the same time period as the balance sheet and the income statement. | - | - | Accounting |
| 618 | balance sheet: a financial statement that reports assets, liabilities and owner's equity at a specific date. | - | - | Accounting |
| 619 | assets: economic resources held by a business that could provide some type of economic benefits in the future. | - | - | Accounting |
| 620 | accounts receivable: a promise from customers to pay cash in the future for products or services sold to them in the present. Called selling on credit. | - | - | Accounting |
| 621 | accounts payable: obligations that arise when products or services are purchased with a promise to pay the supplier at a later date. Called purchasing on credit. | - | - | Accounting |
| 622 | accounting transaction: an economic event that must be recorded because it will cause changes to the financial statements. | - | - | Accounting |
| 623 | account: a record of the changes in the balance of specific items under assets, liabilities or owner's equity. | - | - | Accounting |
| 624 | accrual: an entry to record a business transaction that has occurred but for which there is no documentation (e.g. recording interest owing on a long-term debt for which there is no invoice, or recording depreciation).Based on the matching principle--revenues and expenses that are incurred to produce that revenue must be recorded in the same period. Usually based on consumption or use or the passage of time. | - | - | Accounting |
| 625 | subsidiary journal: a specialty journal that records, in chronological order, journal entries for many of the same type of business transactions (e.g. Sales, Cash Disbursements). Entries are summarized periodically and the summary is entered as a single entry in the general journal. Prevents the general journal from become too cumbersome, and allows for easier access to detailed information about each transaction in the subsidiary journal. The four basic subsidiary journals are: cash receipts, cash disbursements, sales and purchases. | - | - | Accounting |
| 626 | accounting equation: the basis for the double-entry bookkeeping system, simply put--Assets (debits) = Liabilities + Owners' Equity (credits). The expanded accounting equation is Assets = Liabilities + (Owner's Equity + Revenues - Expenses + Owner's contributions - Owner's withdrawals). | - | - | Accounting |
| 627 | general journal: a record of the original entries representing all business transactions that affect the financial statements recorded in chronological order. Entries are made in the form of account name and associated debit or credit. Debits and credits must be equal. | - | - | Accounting |
| 628 | T-account: a simple representation of a ledger account in the shape of a T, with the name of the account across the top, the left side for the debit entries and the right side for the credits. Often used to analyze complex business transactions prior to recording them in the general journal. | - | - | Accounting |
| 629 | debit: the left side of the account | - | - | Accounting |
| 630 | credit: the right side of the account | - | - | Accounting |