1.

auditor

a.

things which belong to company or person, and which

have a value

2.

shareholders

b.

money owed by a company, a debt

3.

Profit

c.

a statement of the company’s position on a certain date,

Statement

which shows the assets and the liabilities and the capital

on that date

4.

Balance Sheet

d.

written document from a bank showing the balance of

an account

5.

assets

e.

those who own shares in a company

6.

liabilities

f.

individuals who invest their money in a company hope

to receive these regularly

7.

dividend

g.

pieces of paper supplied by the bank in duplicate for the

purpose of recording the exact amount of cash and

cheques paid into a customer’s account

8.

valuation

h.

part of a company’s profits paid to shareholders

9.

bank statement

i.

a summary of all the income and expense accounts at

the end of the accounting period

10.

paying-in

j.

a statement of the financial position of a company or

vouchers

trader or partnership at a particular time, such as the end

of the financial year, showing the company’s assets and

liabilities

k.

a qualified accountant who is called in on behalf of the

members of a limited company to examine and report

upon the accounts of the company

l.

liabilities plus owners’ equity

m.

estimate of how much something is worth

n.

a person or firm or partnership which examines the

books and financial records of a company

o.

the name for everything that a company owes