| A | B |
|---|
| Customers | someone who pays for goods or services. |
| Bills | bills-can be exchanged for goods and services. |
| Check | written order directing a bank to pay money. |
| Bank statement | summary of all financial transactions. |
| Cash | money in the form of bills or coins. |
| Inventory | a detailed list of all the items in stock. |
| Accounting | recording and reporting financial activity and transactions. |
| Money | anything that is generally accepted as payment for goods and services and repayment of debts |
| Assets | anything of material value or usefulness that is owned by a person or company. |
| Liability | debt or responsibility owed to someone. |
| Business | organization designed to provide goods and/or services to consumers. |
| Goods | a tangible/ physical item that you can touch, taste, feel, and weigh. |
| Services | a dead or task perform for someone in need or want. |
| Consumer | to use goods and service. |
| Taxes | a fee charged (levied) by a government on a product, income, or activity. |
| Opportunity | a chance to explore the options ahead. |
| Investment | putting something like money in something expecting a profit. |
| Wants | Something that you can do without and survive. |
| Needs | Something that you have to have. |
| Competition | Contest between individuals, groups, businesses, etc. |
