Accounting

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Across
  1. 5. Money the business owes to suppliers.
  2. 7. Costs of running the business.
  3. 9. A record of all accounts and their balances.
  4. 10. Money customers owe to the business.
  5. 12. Money earned from selling goods or services.
Down
  1. 1. Money or assets taken out by the owner for personal use.
  2. 2. Money or assets invested by the owner.
  3. 3. Things a business owns that have value.
  4. 4. The book or system where transactions are first recorded.
  5. 6. The owner’s claim on the business after liabilities are paid
  6. 8. Proof a transaction occurred.
  7. 9. Debts or things the business owes.
  8. 11. Balance A list of all account balances to check if debits = credits.