Financial Management

4. a business must pay every employee on a.
6. assests,liabilities,and owner's equity for a specific date are listed on.
7. an estimate of the actual money received and paid out for a specific period.
8. are what a company owes.
9. the financial record of employee compensation,deductions,and net pay.
10. are what a company owns.
11. has two main purpose.
13. company's liabilities divided by the owner's equity.
15. if the revenue is greater than expenses the business will make.
16. are used to record and analyze the financial performance of a business.
19. those that will be paid within a year.
20. is the value of the owner's investment in the business.
22. plans income and expenses from the beginning of a new business of a major business expansion until it become profitable.
24. employer transfers net pay electronically into the employee's bank account.

1. show all taxes collected,owed,and paid.
2. total sales compared to the net income for a period such as six months or a year.
3. provides detailed plans for the financial need of individuals,families,and business.
5. a business must pay every employee on a.
8. are debts that will continue for longer than a year.
12. list all cash received and spent by the business.
14. describes the financial plan for ongoing operations of the business for a specific period.
17. differences between actual and budgeted performance.
18. a business must pay every employee on a.
21. the costs of operating a business.
23. all income that a business receives over a period of time.
25. current assets compared to the current liabilities is.