Fianance Word Scramble
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Question | Answer |
Drawings | Money or assets taken out of a business for the owners personal use. |
Current Assets | Short term assets that can quickly be turned into cash. |
Current Liabilities | Debts that a business must pay in the short term. |
Mortgage | Long term loan based on using property as security. |
Fixed Assets | Assets with a life of more than one year. |
Debtors | People or business that owe money to an organisation. |
Balance Sheet | Statement showing the financial position of an organisation. |
Assets | Items on a balance sheet that an organisation owns or is owed. |
Created by:
mchughs1
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