Income, is money a company gets from its business., Profit, is money a company earns after paying all expenses., Loss, is when expenses are more than income, Assets, are things that a company has and uses in its business., Liabilities, are what a company owes to other people or organizations., Expenses, are money a company pays to run the business., Business Entity Principle, The business and the owner are separate. The owner’s personal money is not business money., Double-Entry Principle, Every transaction has two sides. Debit and Credit., Going Concern Principle, Davomiylik tamoyili, Accrual (Akkumulyatsiya), Daromad va xarajatlar sodir bo‘lgan paytda yoziladi, naqd pul kelgan yoki to‘langan vaqti muhim emas., Consistency Principle, Doimiylik tamoyili, Amortization, Aktiv qiymatini vaqt bo‘yicha bo‘lish., Conservatism Principle, Ehtiyotkorlik tamoyili

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