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*Business Golden Rule*

1)Assets:

Resources owned by a business that have economic value you can convert into cash (e.g., land, equipment, cash, vehicles)

2)Expenses:

Costs that occur during business operations (e.g., wages, supplies)

4)Liabilities:

Amounts owed to another person or business (e.g., accounts payable)

3)Equity:

Your assets minus your liabilities
Income and revenue: Cash earned from sales

There are 4 types of COMMON VIALS 1- GREEN COMMON VIAL 2- RED COMMON VIAL 3- YELLOW COMMON VIAL 4- PURPLE COMMON VIAL

There are 4 types of COMMON VIALS 1- GREEN COMMON VIAL 2- RED COMMON VIAL 3- YELLOW COMMON VIAL 4- PURPLE COMMON VIAL

There are 4 types of COMMON VIALS 1- GREEN COMMON VIAL 2- RED COMMON VIAL 3- YELLOW COMMON VIAL 4- PURPLE COMMON VIAL