Hi, my name is Phensie Colon and I study at Montmorency College in Accounting and Management. Today I will talk about my program and help the reader to learn a few terms we use in accounting. In my program, the main things is how to Marketing and communicate with our clients. For example, they teach us different skills on how to persuade a client to buy something. We learn how to make wage, annual Review and more. At the end of the program, we will have a trainee. OJT, we will put in practice everything we had learn in class.
asset
what the company own
fr: actif
auxiliary logs
devoted to recording transactions of the same category.
fr: les journaux auxiliaires
balance sheet
A balance sheet summarizes a company's assets, liabilities and shareholders' equity at a specific point in time (as indicated at the top of the statement). It is one of the fundamental documents that make up a company's financial statements. Source: BDC.ca
fr: Bilan
business accounting cycle
fr: cycle comptable des enterprises
chart of accounts
A chart of accounts (COA) is an index of all the financial accounts in the general ledger of a company. In short, it is an organizational tool. Source: investopedia
fr: Plan comptable
deposit slip
A deposit slip is a small paper form that a bank customer includes when depositing funds into a bank account. Source: Investopedia
Example: I have to fill up the deposit slip before doing my deposit at the bank.
fr: bordereau de dépôt
financial exercice
fr: exercice financier
financial state
Financial statements are a set of documents that show your company's financial status at a specific point in time. Source: BDC.ca
fr: Situation financière
liabilities
Liabilities are the legal debts a company owes to third-party creditors. They can include accounts payable, notes payable and bank debt. Source: BDC.ca
