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Across
  1. 3. (The amount of money that remains after expenses are subtracted from revenues)
  2. 6. (Assets that are expected to be converted into cash within a year)
  3. 8. (Obligations owed by a business to outsiders)
  4. 9. (The process of recording financial transactions)
  5. 11. (Resources owned by a business)
Down
  1. 1. (The cost of an asset spread over its useful life)
  2. 2. (The owner’s claim on the assets of the business)
  3. 4. (Income earned from the sale of goods or services)
  4. 5. (Financial statement showing revenue and expenses)
  5. 7. (A company’s legal responsibility for debts)
  6. 10. (Assets minus liabilities)