Income statement and Balance sheet

The accounting value of a company (assets minus liabilities)

• Current

  liabilities

• Net assets

• Current assets

• patent

A legal right to produce and sell newly invented product for certain period of time

• Trade mark

• Intangible assets

• goodwill

• patent

A legally protected symbol/ design used to identify product

• Trade mark

• patent

• goodwill

• reputation

The amount of money owed by customers who have brought good, but not yet paid for them

• Debtor

• Account payable

• Creditor

• Both b and C

Money that will be paid less than 12 months from the balance sheet date

• Current assets

• Noncurrent assets

• Current

  liabilities

• Non current liabilities

Cash, money owed by customers ; and inventory

• Current assets

• Noncurrent assets

• Equity

• Current liabilites

a record of money that is owed to a company for past sales

• Accounts payable

• Accounts receivable

• Debtor

• Both B and C

a document showing assets, liabilities, and equity

• Balance sheet

• Income statement

• Financial statements

• Cashflow statement

... are companies that provide other companies with materials, components

Profits that the company has not distributed to shareholders are....