AVERAGE FUNDS EMPLOYED Definition

Bookmark and Share

AVERAGE FUNDS EMPLOYED see FUNDS EMPLOYED.

Learn new Accounting Terms

LICENSE is a legal document giving official permission to do something.

JOURNAL ENTRY is the beginning of the accounting cycle. Journal entries are the logging of business transactions and their monetary value into the t-accounts of the accounting journal as either debits or credits. Journal entries are usually backed up with a piece of paper; a receipt, a bill, an invoice, or some other direct record of the transaction; making them easy to record and to maintain traceability for each transaction.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.