Accounting Terms

1. a financial gain
4. the total amount of money available in a financial account after all the debits and credits have been calculated
6. expenses associated with running a business that can't be linked to creating or producing a product or service.
8. an individuals total earning before taxes.
11. The monetary value of an asset decreases over time
12. a useful or valuable item, property or person.
14. money used to build, run or grow a business.
15. the ability to borrow money or access goods or services with the understanding that you'll pay later

2. the money generated from normal business operations.
3. contribution to state revenue, levied by the government
5. the amount an individual or business makes after deducting costs, allowances and taxes.
7. the amount owed.
9. received or accumulated in regular or increasing amounts over time.
10. the amount of money lost by a business.
13. a unit of equity ownership in the capital stock of a corporation