Relacionar Columnas Accounting TermsVersión en línea Can you match the Accounting Term to the Definition? por Connected Business English 1 Accrual 2 Pre-Payment 3 Profit 4 Loss 5 Balance Sheet 6 Liability An income distributed to the owner in a profitable market production process Where costs exceed income 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 A summary of the financial balances of an individual or organisation Something a person or company owes, usually a sum of money