Accounting Key Terms Crossword Puzzle Nathalie Valeriano

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Across
  1. 5. Is the amount owed, or payable, to the creditors of a business.
  2. 7. is the cost of products or services used to operate a business.
  3. 8. The business selling you the item on credit.
  4. 10. Income earned from the sale of goods or services.
Down
  1. 1. If a business earns revenue, the owner will take cash or other assets from the business for personal use. This transaction is called a...
  2. 2. is money or other property paid out in order to produce profit.
  3. 3. Is anything of value that a business owns and therefore controls.
  4. 4. When you buy something and agree to pay for it later.
  5. 6. Is the total amount of money owed to a business—money to be received later because of the sale of goods or services on credit.
  6. 9. When a business buys an item on credit.