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money received
What is Income
are debts, usually sums of money, that a business owes to another person
What is liability
when total expenses go above total revenue, and the difference is negative.
What is net loss
are products, i.e., things that we make or grow and aim to sell.
What are Goods
tax applied to goods and services
What is GST
amount of money spent
What is expenditure
property owned by a person or company, usually of high value.
What is asset
The action of helping or doing work for someone
What are Services
tax paid when leaving the country
What is Departure tax
tax on your property or land
What is Property tax
is a measure of the amount of cash generated (or lost) through a businesses’ operations.
What is cash flow
an amount of money that you gain when you are paid more for something than it cost you to make,
What is profit
money spent on bills, salaries, raw materials, and other items that a company gains operating the business.
tax based on how much money you make
What is Income tax
tax businesses must pay
What is Property tax