Crossword Puzzle

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Across
  1. 4. a business owned by one person
  2. 5. an account used to summarize the owner's equity in a business
  3. 6. financial assets of a business
  4. 9. the equation showing the relationship among assets, liabilities, and owner's equity
  5. 10. any business activity that changes assets, liabilities, or owner's equity
  6. 11. a formal written document that describes the nature of a business and how it will operate
Down
  1. 1. the amount remaining after the value of all liabilities is subtracted from the value of all assets
  2. 2. a record that summarizes all the transactions pertaining to a single item in the accounting equation
  3. 3. a business that performs and activity for a fee
  4. 5. a person or business to whom a liability is owed
  5. 7. the name given to an account
  6. 8. the difference between the increases and decreases in an account