Accounting Definitions P - There are hundreds of accounting definitions, financial meanings and bookkeeping terms here in my accounting terms glossary.
Use this as an accounting resource to help improve your knowledge of bookkeeping terms starting with the Letter P.
Accounting Definitions P:
A company set up by two or more people who put money into the business and share the financial risks and profits.
To pay in advance for goods or services.
To receive income in advance for goods or services.
Price Earnings Ratio:
The ratio of a share's price to its earnings, which provides an indication of its value. Profit and Loss Statement:
It is also called a "P&L" and income statement. It shows a company's business revenue and expenses for a specific period of time.
A written plan on how to gain financial profit from something.
The owner of a commercial enterprise or establishment such as a store, hotel, or restaurant.
To buy something using money or its equivalent.
Thank you for visiting my Accounting Definitions P page to find bookkeeping terms starting with the letter P.