BM accounting Word Scramble
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Question | Answer |
Drawings | money or assets taken out of the business for the owners use |
Current Assets | short term assets which can quickly be turned into cash |
Mortgage | long term loan based on using property as securtity |
debtors | people or businesses that owe money to the organisation |
Assets | terms on a balance sheet that a business owns or is owed |
Current Liabilities | debtors that a business must pay in the short term |
Fixed Assets | assets with a life of more than one year |
balance sheet | statement showing the financial postion of the organisation. |
Created by:
LaurenPearson
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