1
the amount of money taken by a business in a particular period
2
a tax on the profit when you sell (or 'dispose of') something (an 'asset') that's increased in value
3
a thing for which someone is responsible, especially an amount of money owed
4
when a company loses money or value unexpectedly
5
the total amount of money brought in by a company's operations, measured over a set amount of time
6
the total amount of money being transferred into and out of a business
7
the money a business has left over after subtracting all of its expenses from its income. It is a key indicator of a business's success
8
the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
9
a tax added to most products and services sold by VAT -registered businesses
10
something, especially money, that is owed to someone else.
11
a tax on earnings and self-employed profits that funds Social Security benefits. It's paid
by employees, employers, and the self-employed
12
something that has value and is owned by an individual or organisation
13
money received, especially on a regular basis, for work or through investments
14
a statement of the assets, liabilities, and capital of a business or other organisation at a particular point in time, detailing the balance of income and expenditure over the preceding period.
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