9 Business Accounting Week 7
Across
- 4. this is the REALOE element that includes all of the owner's interests in the business
- 6. these are amounts that are owed to our business from selling goods on credit to customers
- 8. this is the account used for the owner's investment in the business
- 9. a type of liability that is used to fund the business
- 11. a type of revenue account
- 12. this can be paid or earned depending on if the business has a loan or money in the bank
- 14. the account that represents the balance of the bank account
- 15. this financial statement shows the value of a business
Down
- 1. a type of earning where a business receives a small payment for selling something
- 2. earnings of a business
- 3. an amount owed by a business for a good or service
- 5. this financial statement shows the revenues and expenses of a business for a year
- 7. these are amounts owed to suppliers that have not yet been paid
- 10. an item that is owned by a business
- 13. costs of running a business