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