| A | B |
|---|
| Start-Up Money | Funds to cover expenses until revenue starts to come in |
| Sale of Products | Main source of cash for established businesses |
| Loans | Businesses borrow cash to expand; possibly needed when sales are slow |
| Interest | Invest extra cash to earn interest |
| Sale of Assets | Anything of value a business owns that can be sold |
| Beginning Cash Balance | Amount of money business has available at the beginning of each month, can include cash remaining from previous month |
| Cash Receipts | Sale of goods and services; loans; sale of assets; interest income; only ash |
| Total Cash Receipts | ALL sources of income listed under cash receipts |
| Total Cash Available | Amount of cash available to spend each month |
| Cash Payments | Flow out of the business each month |
| Total Cash Paid Out | All of business' cash payments |
| Ending Cash Balance | Amount of cash a business has left at the end of the month |
| Assets | Resources of monetary value |
| Current Assets | Cash, cash equivalents, accounts receivable, inventory |
| Intangible Assets | life insurance, copyrights, franchises, patents |
| Liabilities | debts owed by the company |
| Current Liabilities | accounts payable, taxes, dividends |
| Equity | Value of a business to its owners after all the commitments have been met |
| Fixed Assets | Buildings, Office Equipment, Property/Land, Machinery, Vehicles |
| Long-term Liabilities | Debts that will take longer than a year to pay off |
| Balance Sheet | Tells assets, liabilities, and capital |
| Income Statement | Tells total revenue, expenses, and profit/loss |
| Accumulated Depreciation | All of the depreciation ever 'accumulated' against the assets currently in service. Shown on the balance sheet as a negative asset. |
| Depreciation Expense | The current period's depreciation of the assets currently in service. |
