In accounting terminology, the items of value that a company owns-such as cash, cash equivalents, and receivables-are generally known as the company's

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The items of value that a company owns are referred to as assets in accounting terminology. This includes cash, cash equivalents, and receivables, as well as other items such as property, equipment, and inventory. Revenue refers to the amount of money a company earns from its operations, while net income is the profit that remains after all expenses have been deducted. Surplus is a term that generally refers to excess amounts of something, such as inventory or funds, but is not specifically related to accounting terminology.

In Accounting Terminology, the Items of Value That a Company