2.

 0    17 flashcards    janek53
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Question English Answer English
everything that company controls or owns
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Assets
the total salwa or revenue a company makes in a period
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turnover
a document providing that a payment has been made
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Receipt
Money spent on goods and services
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Expenditure
the extra money paid for borrowing money or earned from saving it
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Interest
the sale of goods in large quantities, usually to retailers
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Wholesale
a reduction in original price
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Discount
Money that is returned after a payment has been made
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Refund
Regular money earned from a job, usually paid monthly
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Salary
Money or assets used to start or run a business
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Capital
money borrowed that must be repaid, usually with interest
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Loan
the sale of goods directly to the public
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Retail
the situation when costs are higher than revenue
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Loss
the money used in a particular country
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currency
money paid to the government by individuals or businesses
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Taxes
money that a company owes, such as debts or obligations
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Liabilities
a company that is owned or controlled by another company
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subsidiary

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