| A | B |
|---|
| Accounts receivable | All monies owed to a firm by its customers |
| Beginning cash balance | The amount of money a business has available at the beginning of each month |
| Assets | Anything of value that a business owns |
| Cash flow statement | A financial summary with estimates as to when, where, and how much money will flow into and out of a business |
| Benefits | Advantages or payments employees receive in addition to their wages (e.g., sick time, holiday pay, health insurance) |
| Business license | A document that grants permission to operate a business |
| Cash flow | The movement of funds into and out of a business; determines the amount of cash the business has to work with at any given time |
| Advertising fees | Monies spent to make the public aware of products or services |
| Cash payments | The money that a business spends (e.g., business expenses) |
