| A | B |
|---|
| fixed assets | things that permanently belong to the company |
| stocks | inventory |
| assets & liabilities | what the company owns and what it owes |
| administration & other overheads | regular expenses incurred in running the business |
| depreciation | the loss in value of equipment, etc. due to use or age |
| share capital | money supplied by shareholders |
| turnover (BrE) | the total sales of a company |
| accrued expenses | expenses they've incurred |
| dividends payable | money owed to shareholders |
| shareholder | a person who has bought parts or shares of a company |
| discount | a reduction in price |
| receipt | a paper that shows you have paid for something |
| capital | the money needed to start a business |
| interest | the money a bank charges for a loan |
| loan | money borrowed from a person or bank |
| taxes | money that people or companies have to pay to their gov't |
| net sales | the total sales of a company |
| net sales | turnover |
| salary | money that you earn from work |
| retailer | a business that sells products to the general public |
| refund | money you get back when you are not satisfied |
| currency | money a country uses |
| loss | the result when costs are higher than sales |
| liabilities | money that a company owes |
| assets | everything a company or person owns that is worth money |
| consumers | people that buy products or services |
| profit | what you get when sales are higher than costs |
| wholesaler | a business that sells goods in large quantities to retail stores |
| invoice | a bill listing the products delivered |
| expenditures | money spent on goods or services |
