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QuickBooks 2014--Chapter 1 Terms

AB
Payroll Item ListItems related to employee payment.
Chart of AccountsA list of accounts a company uses to track accounting information.
Balance SheetSummarizes what a company owns or owes on a particular date.
Memorized Transaction ListA list of recurring transactions that are saved.
Statement of Cash FlowsSummarizes cash flows and cash outflows afor operating, investing, and financing actvities of a business.
Item ListA list of inventory items that you buy and sell or a list of services provided to customers.
Profit and Loss Statement (Income Statement)Summarizes what a company has earned and the expenses incurred to earn the income.
TemplatesPremade accounting forms, such as invoices and purchase orders.


Business Teacher
Shawnee High School
Medford, NJ

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