accounting terminology

2. wealth in form of money or other assets owned by a person or organisation
6. a sum of money sent in payment or as a gift
7. a system which accounts for every aspect of a transaction - where it came from and where it went to
9. matching and comparing figures from the accounting records to those on a bank statement
11. issued to return funds in the event of an invoice error
13. used to make payments which may vary
15. the UK governments tax gathering organisation
16. the ability of a company to meet it's long term obligations
18. a person or comany whom money is owing
19. electronic transfer from one account to another completed in hours

1. used to make payments on a regular basis for a fixed amount
3. a person or company that owes money
4. ensuring what we do today does not prevent people from doing something in the future
5. electronic transfer from one account to another
8. a book or record in which certain types of transaction are recorded before becoming part of the double entry
10. a book or other collection of financial accounts
12. a government body that stores information on all the limited companies and limited liability partnerships registered in the UK
14. a type of cheque that is issued by the bank rather than an organisation
17. a book in which recipts and payments of money are recorded