Accounting Terminology

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Across
  1. 3. A book of original entry for all transactions
  2. 5. resources generated from a business from carrying out its activities.
  3. 7. business activities, either cash or credit basis.
  4. 10. money borrowed from a lender and usually repaid with interest
  5. 11. Balance Listing of the ending balances of all accounts of a given date
  6. 12. goods or services which are used up to earn income in a given period
Down
  1. 1. refer to goods which are bought for the purpose of resale for a profit
  2. 2. Total revenue generated greater than losses.
  3. 4. basic unit of recording unit for transactions of a similar nature
  4. 6. Refers to the money owing by a business to others.
  5. 8. process of identifying, measuring, and reporting financial information of an entity
  6. 9. contributions to the business by owners