Accounting Crossword

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Across
  1. 5. A business owned by one person
  2. 6. Assets taken out of a business for the owner's personal use
  3. 9. Recording and analyzing financial information
  4. 12. This ledger contains all of the accounts
  5. 14. A business activity
  6. 15. The expense used when making payments on your property or building
  7. 17. Information for each transaction recorded in a journal
  8. 18. Transferring information from a journal to a ledger
Down
  1. 1. The concept that records revenue at the time goods or services are sold (3 words)
  2. 2. This shows all the accounts used in a business (3 words)
  3. 3. The side of the account that is increased (2 words)
  4. 4. Any business you owe money to
  5. 7. this type of entry is used to correct an error in a ledger
  6. 8. the type of document required for all transactions
  7. 10. A form in which a brief message is written describing the transaction
  8. 11. The concept that keeps personal and business records separate (2 words)
  9. 13. A sale for which cash will be received at a later date (3 words)
  10. 16. An increase in owner's equity resulting from the operation of a business