Accounting Abbreviations 1 Flashcards

1
Q

Tx

A

Transaction

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2
Q

A/R

A

Accounts Receivable

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3
Q

Inv.

A

Inventory

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4
Q

OCA

A

Other Current Assets

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5
Q

PP&E

A

Property, Plant and Equipment

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6
Q

A/P

A

Accounts Payable

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7
Q

OCL

A

Other Current Liabilities

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8
Q

N/P

A

Note Payable

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9
Q

CC

A

Contributed Capital

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10
Q

R/E

A

Retained Earnings

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11
Q

Rev.

A

Revenue

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12
Q

COGS

A

Cost of goods sold

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13
Q

SG&A

A

Selling General and Administrative Expenses

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14
Q

Int. Exp.

A

Interest Expense

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15
Q

NI

A

Net Income

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