Accounting dictionary Part 3

    Stock: Stock

Proof of ownership of a company.

    Liabilities: Liabilities

Claim on the assets in a company or individual except equity ownership.

    Tolerance:

Storage unit in form or quality in certain product specifications.

    Triangular Trade: Commerce between the three countries

A pattern of trade between the three countries.


Exchange

It is an organized system that brings the sellers and buyers are done directly albeit through their representatives.

    VAT: Value Added Tax

Employers are conducting delivery of taxable goods (BKP) and or delivery of taxable services (JKP) includes both entrepreneurs who have been confirmed as a taxable employer or employers should be confirmed as taxable but not yet confirmed.

    Recession

Is the condition when the gross domestic product (GDP) growth declined or when the real economy is negative, during the second quarter or more than one year.

    Dividend

    A number uait derived from the profits paid to individual shareholders.
    Gains or income in the amount determined by the board of directors authorized by the general meeting of shareholders for distribution to shareholders.

    Invoice

Letter trade made by the seller of goods or services and invoice submitted to the buyer.

    Claim: Claims

- The right to earn interest or profit sharing.

- The right to acquire or purchase shares in advance if the company issued new shares.

    Devaluation: Devaluation

Decline in the exchange rate against the currency it means to improve the country's economy, in general, the system of fixed exchange rates.

    Broker: Broker

A person who acts as a liaison between two or more parties involved in a particular commercial transaction.

    Ratio: Ratio

The relationship between sutatu number to another number. Ratios can compare balance sheet items, items in the income statement.

    Depletion: Depletion

The accounting treatment is available for the company by reducing the value of fixed assets in the form of natural resources because it has been processed in the production process / form of allowance that reduces taxable income.

    Embargo

Traffic ban the import-export of goods from a country well for certain types of goods and commodities as punishment terhadapanya all for doing actions that harm other countries.

    Adjustment: Adjustment

Changes to the accounting information. Changes made by an accountant or a securities analyst to be adjusted by means of assessment of each.
    Inflasi



Is the increase in the price of goods and services arising from increased demand greater than the supply of goods on the market in other words, too much money chasing too few goods.

    Vendor: the merchant

    Suppliers of goods or services of a commercial
    Checks merchandise

    Raw Materia: Material Material

Materials are processed in the production process.

    Earning

Total income earned.

    Goodwill

Favorable circumstances of a company in certain circumstances due to the good name,

Managerial excellence, state of location, etc..

    Commission

Wages or a percentage based on the success of a transaction.

    Letter of Credit (L / C): Letter of publishing payments
    Depretion: Depression / economic downturn
    Foreign Exchange: Tools payments abroad (imports)
    Purchase Order (PO):

Letters issuing purchase