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Java Games: Flashcards, matching, concentration, and word search. |
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| Accounting equation | The foundation for accounting; represents the relationship between assets, liabilities, and owners’ equity (Assets = Liabilities + Owners’ Equity) |
| Accounts payable | Money a company owes |
| Assets | Resources owned by a business or individual |
| Book value | A company’s worth according to the balance sheet; also called net worth |
| Balance sheet | A financial statement that shows how much money a business has, how much it owes, and how much belongs to owners or stockholders |
| Contingent liabilities | An obligation that a company may or may not have to pay |
| Copyright | Legal protection of books and other artistic works granted by government and giving their creators sole rights to them for a certain period of years |
| Accounts receivable | Money that is owed to a company |
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Business Marketing Teacher, Career Technical Education |
CENTRAL CABARRUS HIGH SCHOOL |
| Concord, NC |
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