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The Accountancy Cloud (Global)
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Glossary of Terms
Sole Proprietorship
Partnership
Corporation
C corporation
S corporation
Estate
Trust
Tax Exempt Organization
Withholding Agent
W-4
Trust Fund Tax
Nondeductible Interest Expense
Bad Debt
Casualty and Theft Losses
Short Tax Year
Convention
Depletion
Excise tax
Income Statement
Balance Sheet
Statement of Cash Flows
Limited Liability Partnership (LLP)
Limited Liability Company (LLC)
Capital Interest
Capital Loss
W-2
Cash Accounting
Accrual Accounting
Stock Redemption
Schedule K-1