Page 2 - Cost Dictionary
P. 2

ASSET                                                              BALANCE                                                                 BOOK OF




                                                                                                             SHEET                                               ORIGINAL ENTRY


                        Something valuable                                                   A financial statement


                   belonging to a person or                                                that shows a company's                                                 A written or computer
                                                                                                                                                                     record in which the
                   organization that can be                                                    assets and debts at a                                                   money a company


                    used for the payment of                                                                                                                       receives and spends is


                                           debts                                                     particular time
                                                                                                                                                                             first recorded




                                       Activo                                                        Balance General                                                             Libro Diario












                                 CAPACITY                                                                CAPITAL                                                    CASH  ACCOUNT



                                                                                                                                                                        An account that a



                         The total amount of                                                Money that is used for                                               customer has in which


                      something that can be                                                       investment or for


                                     produced                                                                                                                   the whole amount owed
                                                                                                 starting a business                                              for items bought must





                                                                                                                                                                be paid for immediately


                                     Capacidad                                                                Capital                                                                   Caja













                      CASH   PAYMENT                                                                          COST                                                    DEPRECIATION


                                                                                                                                                                   The amount by which


                                                                                              Money that has to be                                                   something, such as a


                    An immediate payment                                                     spent in order to buy,                                                piece of equipment, is
                                                                                                                                                                    reduced in value in a


                                         in cash                                                          do, or make                                                company's financial

                                                                                                                                                                        accounts, over the


                                                                                                           something                                                  period of time it has

                                                                                                                                                                                been in use



                              Pago de Contado                                                                     Costo                                                         Depreciación









                                                                                                            DIRECT

                      DIRECT  LABOUR                                                                                                                                         DISCOUNT

                                                                                                    MATERIALS

                       The workers who are                                                  Things that are used in



                         directly involved in                                                making a product that                                              A reduction in the usual


                         producing goods or                                                                                                                          price of a product or



                  supplying services, or the                                                   became a part of that


                         cost of paying those                                                     product when it is                                                                  service



                                       workers                                                                finished



                       Mano de Obra Directa                                                       MaterialesDirectos                                                                Descuentos
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