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Done right, accounting (1) tracks and analyzes business. Web explore basic accounting terms, acronyms, abbreviations, and concepts everyone should know. Read debits and credits cheat sheet: Expand your knowledge of accounting vocabulary. Web accounting terms cheat sheet: A handy beginner’s guide hub bookkeeping february 16, 2023 debits and credits seem like they should be 2 of the simplest terms in accounting. +20 concepts defined in plain language accounting a system used to record more than just financial transactions.