ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
DEFICIT is a debit balance in the Retained Earnings account resulting from accumulated losses.
Learn new Accounting Terms
FINANCE LEASE, typically, is a full-payout, non-cancelable agreement, in which the lessee is responsible for maintenance, taxes, and insurance.
COMPLIANCE is following applicable internal control procedures, rules, or laws.