Accounting Abbreviations 1 Flashcards
1
Q
Tx
A
Transaction
2
Q
A/R
A
Accounts Receivable
3
Q
Inv.
A
Inventory
4
Q
OCA
A
Other Current Assets
5
Q
PP&E
A
Property, Plant and Equipment
6
Q
A/P
A
Accounts Payable
7
Q
OCL
A
Other Current Liabilities
8
Q
N/P
A
Note Payable
9
Q
CC
A
Contributed Capital
10
Q
R/E
A
Retained Earnings
11
Q
Rev.
A
Revenue
12
Q
COGS
A
Cost of goods sold
13
Q
SG&A
A
Selling General and Administrative Expenses
14
Q
Int. Exp.
A
Interest Expense
15
Q
NI
A
Net Income