Duplicate of Business Studies Revision

Liquid funds given by a consumer to a provider of goods or services for receiving products

A note given to an employee when they have been paid detailing amount of pay tax and deductions

An order to a bank to pay a stated sum from an account written on a specially printed form

a way to save for your retirement. The money comes from contributions made by your employer is

Arrangement where a company provides compensation for specified loss for in return for payment

Important for a business to keep track of to encourage repeat business and build relationships

Sum payable as a first instalment on the purchase of something the balance being payable later

Total amount of money you get before taxes or other deductions are subtracted from your salary

An estimate of income and expenditure for a set period of time.

Electronic funds transfers using payment cards at payment terminals at points of sale

A printed record of the balance in a bank account and amounts paid into it & withdrawn from it

A written acknowledgment of having received, or taken into one's possession is

A piece of paper for recording the number of hours worked is a

A list of goods sent or services provided, with a statement of the sum due for these; a bill:

Summary of the actual or anticipated incomings and outgoings of cash in an accounting period

A plastic card issued by a bank allowing the holder to purchase goods or services on credit

Electronicfundstransfer is using electronic means to transfer funds from one account to another

A fixed regular payment earned for work or services, paid weekly, fortnightly or monthly is

The amount of a person's paycheck left over after any deductions are taken out is

Financial gain, the difference between the amount earned and the amount spent

Statement of the assets, liabilities, and capital of a business at a particular point in time.

A contract outlining the terms under which one party agrees to rent property owned by another