Accounting: Owner's Equity, Liabilities & Assets

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Across
  1. 1. The allocation of the cost of certain asset like the building, office furniture and fixtures, office equipment etc. over their estimated useful life.
  2. 4. Revenue earned for lending money.
  3. 5. Revenue earned for selling services
  4. 7. Business taxes
  5. 13. Amount withheld from the salary of employees plus the company’s share due and payable to the SSS.
  6. 15. Cost of the land (ground) where the building stands.
  7. 17. Amount paid for the services of employees working in the firm.
  8. 18. total withdrawals and assets
  9. 19. The cost of borrowing money used by the business
  10. 20. Cost of the building owned and being used by the business.
  11. 21. 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.
Down
  1. 2. Cost of computers, typewriters, calculators, duplicating machines
  2. 3. water and electricity expense
  3. 6. Revenue earned by real estate
  4. 8. total initial or additional investments made by the owner
  5. 9. Cost of trucks, delivery panels and other equipment used for transporting goods.
  6. 10. Amount paid for the use of space for the store, working area or office of the business.
  7. 11. Coins, currencies, and cash equivalents either on hand or deposited in the bank.
  8. 12. Obligations or debts payable by the business to other parties evidenced by a promissory note issued by the business
  9. 14. Long-term obligations or debts payable by the business to a bank or other financial institutions, secured by certain assets of the business
  10. 16. oil and gasoline expense