Accounting

expenditure

The payment of cash or other asset to obtain an asset, service or other future economic benefit or to settle a loss. [...]

expenditure2020-04-27T14:59:53+02:00

expense

An amount of money or other asset used up or the incurrence of a liability (or both) in an accounting period in the course of ordinary business activi [...]

expense2020-04-27T14:59:53+02:00

current asset

Cash and other asset that in the normal course of business is expected to be consumed or converted into cash within one year of the balance sheet date [...]

current asset2020-04-27T14:59:21+02:00

current liability

An obligation that is due for settlement within 12 months from the balance sheet date or in the normal course of the entity’s operating cycle, whichev [...]

current liability2020-04-27T14:59:21+02:00

creditor

An individual, firm, government, company or other legal person that is owed by another party money or some other obligation to perform and that arises [...]

creditor2020-04-27T14:59:17+02:00

cost

The amount of cash or other asset paid or to be paid for the acquisition of a good, service or other future economic benefit or the incurring of a los [...]

cost2020-04-27T14:59:12+02:00
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