- Money coming
The financial statement that shows how much money (revenues)
come in and
how much money
(expenses) was paid out. Subtracting the expenses from the revenues
you net income for a certain period of time.
process of legally incorporating a business, in effect giving it a life
of its own.
RATIO - The
standard or "average" percentage of expenses spent by firms in a
(firms in the same industry). It is a very important guideline for a
- The cost
of borrowing money.
- A group
of Canadian banks and financial institutions that share a common
Anyone with a bank card issued by an Interac member can access their
at any automated banking machine (ABM) belonging to all other Interac
- A detailed
list of articles with their estimated value (like; stock, goods
or stored and any expendable items on hand).
- Lay out money
for any purpose from which a profit is expected.
or SALES INVOICE
- Bill of sale for every sales transaction.
ASSET or SOFT
ASSET - An asset such as leasehold improvements or goodwill that
easily be sold.
One who sells, services or negotiates a contract for the sale of goods
or services at a place other than the seller's permanent place of