A commercial business is also a:

Assets are the items your company owns and Liabilities are what you owe other companies.

The ______________ provides a static picture of

the financial position at a point in time.

a person or company to whom money is owing or payable is known as:

If you owe money to a bank or company you are a:

_______ is the money that comes in, ___________ the money that goes out.

Equity or Capital is the money you invest in a business

The money you get from working is called

A list of employees and their salaries is called

The income statement provides an overview of the firm's performance and determines the company's earnings for a particular accounting period.

A Financial Statement is a...

An _______ is a person authorized to review and verify the accuracy of financial records.

A person or organization that provides something needed such as a product or service is a

When making a balance you can use a:

The total wealth of an individual, company, or household is NET WORTH

Since Kevin had an accident while working, the company had to pay him a compensation. Compensation means:

An account or record book used to sort, store and summarize a company's transactions.

The extra money you get from your employer is called

Transportation assistance is when your company pays for your transportation to and from work

Going on a holiday also means VACATION

Bancolombia is an example of a

What's Cash?