Letter S: Bookkeeping and Accounting Definitions

Accounting Definitions Starting with the Letter S

There are 100's of accounting definitions and bookkeeping terms here in my bookkeeping glossary.

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ACCOUNTING DEFINITIONS STARTING WITH THE LETTER S

Sales:

The transfer of something to the ownership or use of somebody else, or the provision of something, e.g. a service, in exchange for an agreed amount of money.

Sole Proprietorship:

A business owned by one person.

Straight-line:

Prorated over a given term in equal amounts payable or deductible at specified intervals.

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