Owners Equity :

Net worth of the business to the owner.

Overheads :

Anything you have to spend to run an office or project like rent

Operating activities :

The cash receipts and payments necessary to operate a business on a day-to-day basis

Operating budget :

A plan of current expenditures and the proposed means of financing those expenditures

Organization costs :

Fees and other expenses of organizing a corporation

Other revenue and expenses budget schedule :

Budgeted revenue and expenses from activities other than normal operations

Over applied overhead :

The amount by which applied factory overhead is more than actual factory overhead

Owner’s equity :

The amount remaining after the value of all liabilities is subtracted from the value of all assets

Owners’ equity statement :

A financial statement that summarizes the changes in owners’ equity during a fiscal period