Accounts Crossword Competition

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Across
  1. 2. A list of all the balances brought down in the ledger accounts (5, 7)
  2. 3. An amount owed by the business which has not been paid yet (9)
  3. 5. Abbreviation for theGovernment Department that administers and collects taxes (4)
  4. 8. You do this when you check the cash book against the bank statement (4, 14)
  5. 9. A plan or forecast for a set period of time for how much money you expect to make or to pay out (6)
  6. 10. If you have a good trading year, you may make this (6)
  7. 11. The account where all non-cash sales are recorded (5, 6)
  8. 13. Another word for business income, usually from trading (7)
  9. 14. The money invested in a business by its owner or owners (7)
  10. 15. A word with three consecutive double letters (11)
  11. 16. Everything the business owns (6)
  12. 18. The amount a fixed asset is expected to lose in value during its life (12)
  13. 21. A method of stock valuation which requires you to divide the total purchase price by the number of units (4)
  14. 22. Sales revenue less opening inventory, plus purchases, less closing inventory (4, 2, 5, 4)
Down
  1. 1. A business owned and run by two or more people (11)
  2. 4. The name given to the "books" of the business which record the financial records (6)
  3. 6. The difference between the selling price of an item and its variable cost (12)
  4. 7. An expense that has not yet been paid (7)
  5. 9. When you have tried everything you can, and still can't get the customer to pay, you have one of these (3, 4)
  6. 12. The difference between a budgeted and an actual cost (8)
  7. 15. The point at which a business is neither making a profit or a loss (9)
  8. 17. The account where all cash transactions are recorded(4, 4)
  9. 19. The account where all non cash purchases are recorded ( 8, 6)
  10. 20. The costs you have to pay which are not related to the goods or services produced (9)