accountany chapter-1

123456789
Across
  1. 3. – owner’s investment in the business
  2. 6. – when revenue exceeds expenses
  3. 8. – costs incurred to run the business
  4. 9. – amounts owed to outsiders or creditors
Down
  1. 1. – organized economic activity or trade
  2. 2. – system of recording financial transactions
  3. 4. – resources owned with economic value
  4. 5. – when expenses exceed revenue
  5. 7. – income earned from business activities