User:Jukeboksi/BBA studies/Accounting: Difference between revisions

User:Jukeboksi/BBA studies/Accounting (edit)

612 bytes removed , 31 March 2014

Anonymous user

@@ Line 110: / Line 110: @@
 * [[w:VAT]] vs. [[w:sales tax]] ( not the same thing )
-* '''[[w:Accrual]]'''
-:::'''Accrual''' (''accumulation'') of something is, in [[w:finance]], the adding together of [[w:interest]] or different [[w:investments]] over a period of time. It holds specific meanings in [[w:accounting]], where it can refer to accounts on a [[w:balance sheet]] that represent liabilities and non-cash-based assets used in accrual-based accounting. These types of accounts include, among others, [[w:accounts payable]], [[w:accounts receivable]], [[w:Goodwill (accounting)|goodwill]], [[w:deferred tax]] [[w:liability (accounting)|liability]] and future interest expense. ( Wikipedia )