ACCOUNTING: BACK TO BASIC

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Across
  1. 5. Indirect material and indirect labour
  2. 6. own ordinary shares
  3. 10. Business resources
  4. 11. Flour, eggs and sugar to produce cake
  5. 13. The most liquid asset
  6. 14. increase proportionately with the level of output
  7. 15. Revenue less expenses
  8. 17. Uncollectible account receivable
  9. 19. Direct labour plus overhead
  10. 20. Production of finished goods.
Down
  1. 1. Contribution from business’s owner
  2. 2. One owner
  3. 3. Prime book of entry
  4. 4. Unlimited life of business
  5. 7. Buy and sell finished goods
  6. 8. increase in liability and revenue
  7. 9. Left side of accounts
  8. 12. Equipment, machinery, land
  9. 16. Obligation to pay
  10. 18. Determine the value of product