Purchases, expenses,assets,revenue,liabilities, sales
PEA:is on the debit side of a T account and RLS: is on the credit side
Pupils Equal And Reactive to Light
In accounting the PR stands for posting reference.
"Accounting Standards" are what governs various ethical and legal aspects of accounting. It does not "stand" for anything.
Master of Professional Accounting.
They stand for nothing. However, there is a UK based accounting software package called Sage. Is this the context of your question?
A logical sequence of natural numbers
Non-sufficient funds.
In Accounting, 'M' stands for 'thousand', and 'MM' stands for 'million' (thousand thousand).
Generally Accepted Accounting Principles
It's Bachelor of Science in Accounting
Debit is seen as Dr in accounting. Credit is Cr. They stand for Debit Record and Credit Record.
GAAP is an acronym for Generally Accepted Accounting Principles. GAAP is a series of basic rules accepted by those within the accounting community to perform accounting tasks.