Introduction

Are you interested in expanding your knowledge of accounting terms? Look no further! In this comprehensive guide, we will explore a wide range of accounting words that start with the letter D. Whether you're a seasoned accountant or just starting your journey in the world of finance, this guide will provide you with valuable insights and explanations.

D Terms and Definitions

Let's begin by diving into the D terms and definitions that are commonly used in the field of accounting:

• Depreciation: Depreciation is the decrease in value of an asset over time. It is recorded as an expense on the income statement.
• Dividend: A dividend is a distribution of a portion of a company's earnings to its shareholders.
• Debtor: A debtor is a person or entity that owes money to another person or entity.

AccountingTools

Another valuable resource for accounting terms is AccountingTools. They provide a comprehensive list of all accounting and finance terms that begin with the letter D. Here are a few examples:

• Direct Costs: Direct costs are expenses that can be directly attributed to a specific product, service, or project.
• Deferred Revenue: Deferred revenue is the recognition of revenue that has been received but not yet earned.
• Double-Entry Accounting: Double-entry accounting is a system of recording financial transactions that requires each transaction to have equal and opposite effects in at least two different accounts.

Bookkeeping Terms Starting With Letter D

Bookkeeping plays a crucial role in accounting, and it has its own set of terms that start with the letter D. Let's explore some of these terms:

• Daily Sales Outstanding (DSO): DSO is a measure of the average number of days it takes for a company to collect payment from its customers.
• Duplicate Check: A duplicate check is a copy of a check that is made for record-keeping purposes.
• Depreciation Expense: Depreciation expense is the portion of the cost of an asset that is allocated as an expense over its useful life.

An A to Z of Accounting Terms

For a more comprehensive understanding of accounting terminology, we recommend exploring the A to Z of Accounting Terms. Here are a few additional D terms from their glossary:

• Debt Ratio: The debt ratio is a financial ratio that measures the proportion of a company's assets that are financed by debt.
• Direct Labor: Direct labor refers to the cost of labor that can be directly attributed to the production of goods or services.
• Depreciable Asset: A depreciable asset is an asset that has a limited useful life and can be depreciated over time.

Conclusion

Accounting words that start with D cover a wide range of concepts and terms. In this guide, we explored definitions and explanations from various reputable sources, including My Accounting Course, AccountingTools, and the A to Z of Accounting Terms. By familiarizing yourself with these terms, you will enhance your understanding of accounting principles and be better equipped to navigate the world of finance.