91176 Statements #1

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Across
  1. 1. Used to close income and expense accounts.
  2. 3. Original purchase price of an item.
  3. 7. Proof of goods returned or overpaid.
  4. 10. Income earned but not yet received.
  5. 11. Money paid out by the business.
  6. 12. Estimate of uncollectible customer debts.
  7. 13. Money the owner adds to business.
  8. 15. Money owner takes out for personal use.
  9. 17. Money received by the business.
  10. 19. Main record for daily accounting entries.
  11. 20. Cost minus asset’s end value.
Down
  1. 2. Debts owed within a year.
  2. 4. Main income in service businesses.
  3. 5. Money left in the bank at end.
  4. 6. Money in the bank at the start.
  5. 8. Expenses owed but not yet paid.
  6. 9. Asset value after subtracting depreciation.
  7. 14. Money received before giving the service.
  8. 16. Earnings shared with shareholders.
  9. 18. Goods customers return to the business.