CROSSWORD PUZZLE

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Across
  1. 2. obligations or debts payable by the business to a bank or other financial institutions, secured by certain assets of the business.
  2. 6. represents the investment of the owner in the business.
  3. 7. Coins, currencies, and cash equivalents either on hand or deposited in the bank
  4. 8. paid for the services of employees working in the firm
  5. 11. Obligations or debts collectible from customers and other persons for goods or services sold or loan granted, evidenced by a promissory note issued by the customers.
  6. 13. Business taxes, licenses and other fees paid to the city or municipal government
  7. 15. or goods in hand and ready for sale at a profit
  8. 18. something a person or company owes, usually a sum of money
  9. 20. INVENTORY
  10. 21. Cost of the land (ground) where the building stands
  11. 22. Cost of the building owned and being used by the business
Down
  1. 1. - those businesses who buy raw materials, convert them to finished goods before finally selling them for profit.
  2. 3. Revenue earned by apartment or condominium owners, building lessors, and market stall lessors
  3. 4. business owned by five or more persons whose ownership is evidenced by shares of stocks. Each owner is called stockholder.
  4. 5. of publications in the newspapers, calling cards, billboards, and propaganda thru radios and TV
  5. 9. Obligations or debts payable by the business to other parties evidenced by a promissory note issued by the business
  6. 10. of publications in the newspapers, calling cards, billboards, and propaganda thru radios and TV
  7. 12. who in 1494 first described the system of double-entry bookkeeping used by Venetian merchants in his Summa de Arithmetica, Geometria, Proportioni et Proportionalita.
  8. 13. allocation of the cost of certain asset like the building, office furniture and fixtures, office equipment etc. over their estimated useful life
  9. 14. Total initial or additional investments made by the owner
  10. 16. a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit.
  11. 17. the simplest form of organization, it is owned by one person known as proprietor or entrepreneur.
  12. 19. an association of two or more persons to carry on as co-owners of a business for profit.