Bookkeeping Terms

Accounting period, Accounts payable, Accounts Receive able, Depreciation, General Ledger,Interest, Inventory,Payroll,Trial balance are all Bookkeeping Terms.

Important Bookkeeping Terms

Important Bookkeeping Terms: Before attempting to learn the art or science of bookkeeping it will be better to clarify some of the terms that will have to be used again and again. Transaction: Any dealing between two persons or things in a transaction. It