Accounting: Owner's Equity, Liabilities & Assets
Across
- 4. The cost of borrowing money used by the business
- 6. Revenue earned for selling services
- 7. total withdrawals and assets
- 12. total initial or additional investments made by the owner
- 13. oil and gasoline expense
- 16. Obligations or debts payable by the business to other parties evidenced by a promissory note issued by the business
- 18. Cost of trucks, delivery panels and other equipment used for transporting goods.
- 19. water and electricity expense
Down
- 1. Obligations or debts collectible from customers and other persons for goods or services sold or loan granted, evidenced by a promissory note issued by the customers.
- 2. Cost of the building owned and being used by the business.
- 3. Revenue earned for lending money.
- 5. The allocation of the cost of certain asset like the building, office furniture and fixtures, office equipment etc. over their estimated useful life.
- 8. Long-term obligations or debts payable by the business to a bank or other financial institutions, secured by certain assets of the business
- 9. Cost of computers, typewriters, calculators, duplicating machines
- 10. Revenue earned by real estate
- 11. Cost of the land (ground) where the building stands.
- 12. Coins, currencies, and cash equivalents either on hand or deposited in the bank.
- 14. Amount withheld from the salary of employees plus the company’s share due and payable to the SSS.
- 15. Amount paid for the use of space for the store, working area or office of the business.
- 17. Amount paid for the services of employees working in the firm.