UNO
Monies spent to make the public aware of products or services
Advertising Fees
The amount an owner has invested in the business, plus or minus profits and losses
Owner Equity
Income statement
Profit and loss statement
Advantages or payments employees receive in addition to their wages
Benefits
The direction in which a particular industry is moving
Industry Trend
Those who invest their funds in a business
Investors
A document that grants permission to do something
Permit
The movement of funds into and out of a business
Cash Flow
Legal protection of an invention or a process granted by government to its owners for a certain number of years
Patent
All of the expenses involved in running a business
Operating Expenses
Business costs that are not affected by changes in sales volume
Fixed Expenses
A financial summary with estimates as to when, where, and how much money will flow into and out of a business
Cash flow statement
The amount of money a business pays for the products it will sell
Cost of Goods
The money that a business spends
Cash Payments
All monies owed to a firm by its customers
Accounts Receivables
Money payments for the use of borrowed money
Interest
Anything of value that a business owns
Assets
A document that grants permission to operate a business
Business License
The amount of cash a business has left at the end of the month
Ending Cash Balance
Money lent to individuals or businesses in exchange for the promise of repayment plus interest
Loan
Financially sound enough to obtain products or money based on a promise to pay later
The money that a business collects
Cash Receipts
The sum of money paid to employees in a given period
Payroll
The situation that exists when more money flows into a business than flows out
Cash Surplus
The amount of money a business has available at the beginning of each month
Beginning Cash Balance