accounting crossword

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Across
  1. 1. assets taken out of business for personal use
  2. 3. amount owed by a business
  3. 6. amount in an account
  4. 7. organize summaries of financial activities
  5. 8. A=L+OE
  6. 11. reports that summarize the financial condition of a business
  7. 14. a business owned by one person
  8. 15. financial right to the asset of a business
  9. 16. business that performs activities for a fee
  10. 17. summarize the owners equity in a business
  11. 18. records summarizing all information in a single item in the accounting equation
  12. 20. name given to an account
Down
  1. 2. anything of value
  2. 4. class we are in
  3. 5. organizes financial information
  4. 9. increase in owners equity
  5. 10. an activity that changes assets, liabilities and OE
  6. 12. cash that can be received on a later date
  7. 13. decrease in owners equity
  8. 19. amount remaining after the value of all liabilities is subtracted from value of all assets