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1. a list of all employees and their wages --> payroll

2. an accounting record where all business transactions are INITIALLY entered --> journal

3. money that is spent to purchase goods or services provided by someone else --> expense

4. a detailed summary of a person's or a company's financial condition at a specific point in time, taking into account their assets, liabilities, etc. --> balance sheet

5. something that is legally owned by a person or company --> property

6. an obligation to settle a debt; money owed to someone --> liability

7. this word has 2 meanings: "stock (shares)" and "net worth" --> equity

8. the balance of cash receipts minus cash payments over a given period of time --> cash flow

9. cash or something that is easily convertible into cash --> liquid assets

10. money remaining after all expenses and taxes have been paid --> net income