Accounting Plan

2. money that can be used immediately like money in a checking account inventory products a business has on hand
10. money coming into a business from providing products and services to customers.
11. a statement that shows the net profit and loss in a set period of time
12. money that a business owed and has agreed to pay back within a set time period
14. money exiting the business for fixed expenses and variable expenses.

1. tools used to maintain accounting records
3. money owed to a business from customers
4. a statement that records the way that cash flows in and out of a business through investments, financing, and operations.
5. a financial statement that lists a company’s assets and liabilities
6. company’s debt, or money owed to an individual or organization like borrowing money from a bank.
7. lists all income entering a business and expenses that drive money out of your business
8. refers to the total earnings of a business known as profits
9. a plan that identifies the tools to be used to help you structure and keep track of your money that goes in and out of the business.
13. something of value that a business owns. Examples are cash, inventory, etc