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  If you are starting to think about pursuing a career in accounting , your first step is to familiarize yourself with some of the basic accounting terms in the field. You need to understand that every industry has its own secret language. And understanding the terminology is an entry point into the inner circle. So if you want to study accounting, you need to know that effective interest rate is a key component of the calculation under the interest rate method. Now is your time to build your accounting vocabulary to develop informative assignments and other academic papers. However, if you encounter a difficult accounting equation assignment help online that requires expert help to decode, you can ask for help from online services if your teachers are unavailable. Check out these basic accounting definitions and start to commit them to memory. 1. Accounts receivable (AR) Accounts receivable (AR): One of the basic terms is accounts receivable, which is the amount of mone...