Commonly used accounting English vocabulary includes:

1. Stock Short-term investments - stock

Stocks are ownership certificates issued by joint-stock companies. A kind of marketable security that raises funds and issues them to each shareholder as a shareholding certificate to obtain dividends and dividends.

2. Bank acceptance bill Bank acceptance

Bank acceptance bill is a type of commercial bill. Refers to a note issued by a depositor who opens a deposit account at an accepting bank, applies to the bank where the account is opened, and is approved for acceptance by the bank, guaranteeing unconditional payment of a determined amount to the payee or holder on a specified date.

3. Interest receivable

Interest receivable refers to the bond interest that has reached the interest payment period but has not been received but is included in the actual price paid for short-term bond investment.

4. Finished goods in stock

Inventory goods refer to goods that the enterprise has completed the entire production process and been inspected and stored in the warehouse. They meet the standard specifications and technical conditions and can be sent according to the conditions stipulated in the contract. Products delivered to the ordering unit, or products that can be sold externally as commodities, as well as various commodities that are outsourced or entrusted to be processed and accepted and put into the warehouse for sale. In short, inventory goods refer to all goods that are idle, used in the future, and have economic value.

5. Long-term investment Long-term investment

Long-term investment refers to the external investment of enterprises that are not prepared to be liquidated at any time and are held for more than one year. The reason why long-term investment is different from short-term investment is not only the length of the investment period, but also the different investment purposes.

6. Cash Cash

Cash refers to a medium of exchange that is determined by the laws of various sovereign countries and can be immediately put into circulation within a certain range.

7. Depreciation reserves

Impairment reserves refer to the fact that the book value of an asset exceeds its recoverable amount. To determine whether an asset is impaired, it should be based on the possibility that the asset may have been impaired. If any of these indicators exist, the entity should make a formal estimate of its recoverable amount.

8. Fixed assets

Fixed assets refer to assets held by an enterprise for the purpose of producing products, providing services, leasing or operating management, and used for more than 12 months, with a value of Non-monetary assets that meet certain standards include houses, buildings, machinery, machinery, transportation and other equipment, appliances, tools, etc. related to production and business activities.

9. Accumulated depreciation

The "accumulated depreciation" account is an asset-type allowance adjustment account. Its structure is exactly the opposite of that of a general asset account. The credit registration increases and the debit account The register is reduced and the balance is on the credit.

10. Construction-in-process

Construction-in-process refers to the construction, reconstruction, expansion of enterprise assets, or technical transformation, equipment updating and major repair projects that have not yet been completed. Completed project expenditures. Projects under construction usually have two methods: "self-operated" and "outsourced".