Unit 5 Vocab

3. A list of all items owned by a business along with all the start value and current value.
7. Debt that will be paid within the year
12. Items that hold up their value for more than a year before aging or running out of date.
13. A system of punching small V cut shapes into the animals ear. Mostly done on pigs.
14. Items that will be used within a year or sold.

1. Debt that is not due in a year
2. Item that can be turned into cash or sold within a year
4. Items expected to be owned for longer than a year
5. A method for branding animals that uses double bars and right angles as symbols for numbers to identify an animal's birth year and identification number.
6. Inking numbers or labels onto animals in usually their ears or lips. This is done mostly on cattle and rabbits.
8. Value of assets minus liabilities
9. A metal tool used to burn or freeze a mark/label onto an animal. Usually used for cattle.
10. Attaching a plastic tag with numbers on it using certain pliers. Usually used for cattle and goats.
11. total liabilities divided by total equity