Matching Pairs accounting vocabularyOnline version accounting vocabulary by marco rabadan 1 Cash flow 2 Financial 3 Balance sheet 4 Revenue 5 Audit 6 Income statement 7 Expenses 8 Assets A financial snapshot showing a company's assets, liabilities, and equity at a specific point in time. A financial report summarizing a company's revenues, expenses, and net income over a specific period. The resources owned by a business, such as cash, inventory, equipment, and property. Relating to finances or the management of money. The costs incurred by a business in order to generate revenue, including wages, rent, utilities, and supplies. The income generated by a business from its normal activities, such as sales of goods or services. To conduct an official examination and verification of financial records to ensure accuracy and compliance with regulations. The movement of money in and out of a business.
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