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Basic finance simple explanations
Instructions: Each row makes one card. Cut along the double lines and fold along the single lines. Then glue or tape the sides together.
Expenses |
Money spent to sell products and keep the business going
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Cost of Sale |
Money spent to get your product ready for selling
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Sales |
How much money you make from selling your product or services to customers
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Debtors |
Customers who owe you money
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Creditors |
People you owe money
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Bottomline |
Net Profit or money left in the business after all expenses and costs have been paid
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Cashflow |
Movement of money in and out of the business you have in the business
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