Examlex
Middle range accounting software programs can cost as much as $100,000 when you include the costs of customizing the software for a particular organization.
Accounts Payable
An accounting entry that represents a company's obligation to pay off a short-term debt to its creditors or suppliers.
Office Equipment
Tangible long-term assets used in the daily operations of an office, including computers, printers, desks, and chairs.
Revenue
The sum of all revenue a company earns from selling products or providing services within a specified timeframe.
Expense
Costs incurred in the process of generating revenue, reflected in the income statement.
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