all the money received from business activities during a given period - income (dochód), all the money that a business spends on goods or services during a given period - expenditure (rozchód), a financial operating plan showing expected income and expenditure - budget, anything owned by a business- cash, buildings, machines, equipment, etc. - asset (aktywa), all the money that a company will have to pay to someone else in the future, including debts, taxes and interest payments - liabilities ( zobowiąznia), an entry recording a sum owed, listed on the left-hand side or column of an account. - debit (lewa strona rachunku rozliczeniowego obejmująca aktywa "Winien"/ saldo ujemne), an entry recording a sum received, listed on the right-hand side or column of an account. - credit (prawa strona konta księgowego "Ma"/ saldo dodatnie), adjective describing liability which has been incurred (zaciągnięty) but not yet invoiced to the company - accrued (należny), delayed or postponed until a later time - deferred (odroczony), adjective describing something without a material existence, which you can't touch - intangible (niematerialny),

ACCOUNTING QUIZ

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