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a record of financial transactions.
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Account
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a person who prepared financial records
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Accountant
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things of value owned by a business
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Assets
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Money invested in business by it owners
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Capital
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the owner’s share of a business
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Equity
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a charge made for the use of money
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Interest
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amounts owed by a company to others
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Liabilities
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amount received for good or service sold
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Revenue
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Profits not distributed to shareholders
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Retained earning
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when expenses are subtracted revenues
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Profit
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