Accounting Terminology

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Across
  1. 5. ability of a business to meet short-term debt
  2. 8. inflows of resources
  3. 9. present obligations of the business to transfer economic resources to other entities
  4. 11. money lost from revenue less expenses
Down
  1. 1. refers to a business' ability to meet long-term obligations
  2. 2. money the owner withdraws from the business
  3. 3. money the owner puts into the business
  4. 4. losses of economic benefits
  5. 6. the owners claim on assets of a business
  6. 7. money made from revenue less expenses
  7. 10. resources under the control of the business entity