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Business English Exercises

Accounting terms

Test for advanced level students

Home > Teaching Business English > Business English Lessons, Advanced Level # 42
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The customary manner in which a business analyzes and records its ......... is by first entering them into a journal.

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Journal entries are entered in ......... order, meaning by date, with the earliest date first.

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Once the transactions have been entered into the journal they are ......... or transferred into their individual General Ledger accounts.

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All ......... increase with a debit entry and decrease with a credit entry.

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Liabilities either have a credit or no ......... at all.

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501 Business English Exercises — Printable, photocopiable.
For use in a classroom, at home, on your PC or anywhere.

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Capital accounts represent the owner's ......... worth in the business.

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......... accounts are accounts for your sources of business-generated income.

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The ......... is the difference between what a business pays for an item wholesale and what the business sells it for retail.

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An accounts payable ......... shows how much you owe each of your vendors.

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Accounts ......... shows how much money your customers owe you.

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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
You will be exposed to a wealth of authentic sample sentences that include a great variety of themes. This compact Business English Test Package is the only printable English test collection currently available on the Internet. It contains 501 Business English Exercises (10 questions per test plus answer keys).  Get your unique Business English Practice Exercises now!

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