Accounting Terms - G Definitions

AccountingCoach Pro - Exclusive Members Area
Accounting explained in a clear and easy to understand way. Includes seminar videos (4+ hours), 1,500+ pages of self-study materials, 1,660 interactive exam questions with answers, and 87 business forms in Excel and PDF format. Click here to view more details

Accounting Words - G Terms

General Ledger: The master record of all the balance sheet and income statement account balances.

General partnership: A partnership form of business where each partner is a part owner and shares in the privileges and risks of ownership.

Gross profit: The amount of net sales minus the amount of cost of goods sold (also called cost of sales).

Accounting for Non-Accountants - Accounting for Non-Accountants is a 20-hour strictly online accounting course that requires no textbook or live instructor. It is a self-paced accounting tutorial that can be taken 24/7 conveniently in your own home, office, or from any computer that has access to the Internet. Click here to view more details

Affordable Online Courses:

Accounting, Bookkeeping, and Finance for Non Accountants
This course covers the fundamentals of accounting with the newcomer in mind. The course assumes students have no prior knowledge about accounting or finance, and delivers lessons and examples to build accounting skills.

Introduction to Accounting and Finance
Learn accounting terminology, standard practices, understand financial reports and measuring profitability. An introduction to budgeting and the importance of budgets is also covered.