1. Amount owed to a person or company that needs to be received

2. Transferring the details of a transaction from the journal to the respective ledger accounts

3. An obligation or debt owed by a person or company

4. To compare and match the balances of two related accounts to ensure they are in agreement

5. A document issued by a seller to a buyer, specifying the goods or services provided and their cost

6. Income generated by a company through its business activities

7. The financial resources available to a company, often provided by its owners or shareholders

8. Total amount after deductions or expenses

9. Amount owed by a person or company that needs to be paid

10. A number used in the monetary system, usually separated from the whole number by a dot or a comma

11. A test balance that ensures the debits and credits in the ledger are equal

12. Money in the form of coins or banknotes

13. The cost incurred by a company in its normal operations

14. A book of original entry where transactions are first recorded

15. The amount remaining in an account after deducting all debits and credits

16. A written order to a bank to pay a stated sum from the drawer's account

17. A book or digital record used to record financial transactions

18. A record of a single transaction in a ledger