Accounting

2. statement: A summary of accounting information
6. The process of keeping financial records
7. sheet:A financial statement that captures the financial condition of the business at that particular moment
11. of funds:the capital a company raises to buy another business or part of a company
13. OfA:the total assets for which a financial institution provides administrative services
14. flow statements:A financial summary with estimates as to when, where, and how much money will flow into and out of a business
15. An individual who has had specialized training in accounting procedures
16. Anything of value that a business owns
17. statement: a financial statement that lays out a company's revenue, expenses, gains, and losses during a set accounting period
18. equity: The amount an owner has invested in the business plus or minus profits and losses

1. the percentage of a company's earnings that is paid to its shareholders as their share of the profits
3. cycle:a collective process of identifying, analyzing, and recording the accounting events of a company
4. the management of large amounts of money, especially by governments or large companies
5. The monies that a business spends; also called expenditures
8. investment:A long term growth strategy
9. worth: The total value of the business
10. Debts that the business owes
12. Money received by a business or an individual from outside sources