"Glencoe Accounting: Real-World Applications & Connections," Vocabulary from Chapter 19

This list focuses on financial statements for a corporation (Unit 4, Chapter 19).

Here are links to all the chapters of Unit 4, The Accounting Cycle for a Merchandising Corporation: Chapter 14, Chapter 15, Chapter 16, Chapter 17, Chapter 18, Chapter 19, Chapter 20, Chapter 21

Here are links to all the units of the first-year accounting textbook published by McGraw-Hill: Unit 1, Unit 2, Unit 3, Unit 4, Unit 5, Unit 6, Appendixes
31 words 3 learners

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Full list of words from this list:

words only definitions & notes
  1. capital
    assets available for use in the production of further assets
  2. stock
    capital raised by a corporation through the issue of shares
  3. stockholder
    someone who holds shares of stock in a corporation
  4. equity
    the ownership interest of shareholders in a corporation
  5. retain
    secure and keep for possible future use or application
  6. earn
    make money on some commercial or business transaction
  7. comparable
    able to be described as similar
  8. reliability
    the quality of being dependable
  9. relevance
    the relation of something to the matter at hand
  10. disclosure
    the act of making something evident
  11. material
    directly relevant to a matter especially a law case
  12. purchase
    the acquisition of something for payment
  13. gross
    the entire amount of income before any deductions are made
  14. profit
    excess of revenues over outlays in a given period of time
  15. operate
    direct or control, as a project or business
  16. administrative
    responsible for managing the affairs of a group of people
  17. income
    the amount of money one makes over a period of time
  18. vertical
    at right angles to the plane of the horizon or a base line
  19. horizontal
    parallel to or in the plane of the horizon or a base line
  20. analysis
    a detailed investigation or examination of something
  21. base
    serving as or forming a foundation
  22. period
    an amount of time
  23. invest
    lay out money or resources in an enterprise
  24. finance
    obtain or provide money for
  25. contribute
    give, provide, or supply something
  26. potential
    existing in possibility
  27. expand
    add details to clarify an idea
  28. assign
    decide as to where something belongs in a scheme
  29. interpret
    make sense of; assign a meaning to
  30. consist
    be composed of
  31. adequate
    sufficient for the purpose
Created on Wed Oct 19 17:11:10 EDT 2016 (updated Fri Oct 21 17:37:29 EDT 2016)

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