the copy of the firm's account in the books of the bank
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Type: Glossary
money that the business agrees to pay for regular work or services
Type: Glossary
a fixed amount paid per hour or per week for work or service of a less formal nature
Type: Glossary
(also called a ledger) a book that uses the double entry principle of accounting for separate...
Type: Glossary
(also called a journal, subsidiary journal or subsidiary book) book in which the business...
Type: Glossary
(also called accounting period, financial year or financial period) specific period used for...
Type: Glossary
the minimum number of units that must be produced before a profit is made
Type: Glossary
a financial plan that shows how much money is available and how it will be spent