Relacionar Columnas Accounting TermsVersión en línea Can you match the Accounting Term to the Definition? por Connected Business English 1 Loss 2 Pre-Payment 3 Balance Sheet 4 Profit 5 Liability 6 Accrual An income distributed to the owner in a profitable market production process The settlement of a debt or installment loan in advance of its official due date. The process of recording income or expenses when they occur Where costs exceed income Something a person or company owes, usually a sum of money A summary of the financial balances of an individual or organisation