Legal rights to an item. financial reports Summarized information about the financial status of a business. financial statements

  The items of merchandise a business has in stock. investments

  A card containing the signature(s) of the person(s) authorized to write checks on a checking account. skills

  A business that sells to retailers. withdrawal

  An employee contributes a portion of gross earnings to an account in the 401(k) plan and does not pay income tax on the contributed earnings. account

  A person who handles a broad range of jobs related to the making of choices and decisions about the design of a business's accounting system and the preparation and explanation of financial rep [..]

 The accounting period of a business is separated into activities that help the business keep its accounting records in an orderly fashion. accounting equation

 A period of time covered by an accounting report. accounting system

 The amount of money owed, or payable, to the creditors of a business. accounts payable subsidiary ledger

  The total amount of money owed to a business. accounts receivable subsidiary ledger