Obligations that the company expects to pay of ter one year. Principle that requires that companies include in the accounting records only transaction data that can be expressed in terms of money. Cost of assets consumed or services used in the process of earning revenue. The entire group of accounts maintained by a company. List the four financial statements List of general ledger accounts and their balances at a given time. The right side of an account. Amounts owed by customers that result from the safe of goods and services. Goods held for sale to customers. The process of comparing the bank's balance of an account to the company's balance and explaining any differences to make them agree A dishonest act by an employee that results in personal benefit to the employee at a cost to the employer. List the three types of temporary (nominal) accounts Revenues and expenses and gains and losses that are unrelated to the Company's main operations. Process of allocatin