The accounting equation is...

Anything of value that is owned by an individual or a business

All of the following are examples of assets EXCEPT...

Debts that a business owes are called....

Forecasting your future Income and Expenses and planning where your money will go is called...

May is in the __________ quarter of the accounting year.

Which of the following is NOT reported on a balance sheet?

A balance sheet is a report on the financial health of a business.

All are reported on an Income Statement EXCEPT

When the business's expenses are greater than its income the business has a....

Shares of ownership in a company

When and investor loans money to an entity (usually government) for a period of time for an interest rate. Like an IOU.

A collection of stocks or bonds in a big fund that you can own shares of.

A distribution of a portion of a company's earnings to its shareholders.

If you buy a stock for $53 and sell it for $60 you will have a....

In general, the higher the risk you are willing to take....

The idea that money at the present time is worth more than the same amount in the future due to its potential earning capacity.

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