Bank's summary statement on the activities of a an account during a particular period, such as a quarter or a year.
One of the two common arrangements in which the information in a balance sheet is presented. Account format lists assets on the left hand side, and liabilities and owners' equity on right hand side of the page. In comparison, report format lists assets on top of the page, followed downward by ...
A type of account that is ongoing between two or more entities. Can also be referred to as a report summarizing the performance of each individual insurance agent in an agency.
Numbers, letters, or alphanumeric code assigned to every significant customer, supplier, and lender for ease of reference in an organization's accounting records.
The net balance of assets and liabilities during an accounting period.
Measurement of cost behavior, by analyzing accounting data and classifying each account as a fixed cost, or variable cost.
The value of an accidental death insurance policy or life insurance policy that is paid to the beneficiary.
Employee fringe benefits paid usually through employer funded insurance plans.
