Banking terms
Business
StockMarket
Assets
100
Any business activity involving money is recorded as a transaction
Transaction
100
A business earns revenue or income from the sales of goods or services
Revenue
100
all the money that is left over after deducting the cost of goods sold form the revenue
Gross Profit
100
Show the total amount of the goods bought by the business in a year
Purchases
200
Any business activity involving money is recorded as a transaction
Taxation
200
the movement of cash in and out of the business
Cash Flow
200
all the money that is left over after deducting the gross profit and the expenses
Net Profit/ Net Income
300
Is a method of recording all transactions for a business in a specific format
Bookkeeping
300
a 12 month operating period for a business
Fiscal Year
300
a business earns revenue or income from the sales of goods or services
Revenue
400
Money borrowed from a bank or other financial institutions
Loans Payable/ Notes Payable
400
liquid assets can easily be turned into cash
What is Liquidity
400
the difference between the cost of the product and the selling price of the product
Margin
500
Debts owed to a business by customers, suppliers, etc
What is Accounts Receivable
500
are the debts of a business
What is Liabilities
500
When a company sells a stock for a price that is higher than they paid for it
Capital Gain
M
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