Here are some basic accounting terminologies:

1. Assets: Assets are economic resources owned or controlled by a business that have future value. They can include cash, accounts receivable, inventory, property, plant, and equipment.
2. Liabilities: Liabilities are obligations or debts owed by a business to external parties. They can include accounts payable, loans, and accrued expenses.
3. Equity: Equity represents the ownership interest in a business. It is the residual interest after deducting liabilities from assets and can include share capital, retained earnings, and reserves.
4. Revenue: Revenue is the income generated by a business from its normal operations, such as sales of goods or services. It increases the equity of a business.
5. Expenses: Expenses are the costs incurred by a business in its operations to generate revenue. They decrease the equity of a business and can include salaries, rent, utilities, and supplies.
6. Accounts Payable: Accounts payable is the amount owed by a business to its suppliers or creditors for goods or services purchased on credit.
7. Accounts Receivable: Accounts receivable is the amount owed to a business by its customers for goods or services sold on credit.
8. Cash Flow: Cash flow refers to the movement of money into and out of a business. Positive cash flow means that more cash is coming into the business than going out, while negative cash flow indicates the opposite.
9. Depreciation: Depreciation is the allocation of the cost of an asset over its useful life. It recognizes the gradual reduction in value or usefulness of an asset due to wear and tear, obsolescence, or other factors.
10. Profit: Profit is the excess of revenue over expenses. It represents the financial gain earned by a business.
11. Loss: Loss is the excess of expenses over revenue. It represents a financial deficit incurred by a business.
12. Balance Sheet: A balance sheet is a financial statement that shows the assets, liabilities, and equity of a business at a specific point in time. It provides a snapshot of the financial position of a business.
13. Income Statement: An income statement, also known as a profit and loss statement, shows the revenues, expenses, and resulting profit or loss of a business over a specific period. It provides information about the profitability of a business.
14. Cash Flow Statement: A cash flow statement reports the cash inflows and outflows from operating, investing, and financing activities of a business over a specific period. It shows how cash is generated and used by a business.
15. General Ledger: A general ledger is a central repository that contains all the accounts and transactions of a business. It provides a complete record of the financial activities of a business.

These are just a few basic accounting terminologies, and there are many more specific terms and concepts used in accounting.