A periodical record of financial transactions.

Recording transactions when they take place, rather than upon payment.

Loaned money, or part of a payment to be made at a later date.

Persons who have been in debt for longer than the normal timescale.

The total sum, everything added together.

Income deductions allowed by the Inland Revenue, which in turn reduce your tax payment.

Business expenses which may be claimed against your tax payment.

Losses allowed on the sale of business assets, which may be set off against gains.

Regular repayment of a loan, covering interest due first, then reducing the principal.

Financial year end accounts.