Accounting terms

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Across
  1. 4. possession of the business
  2. 7. Licence conferring to a right for a set of period
  3. 8. amount which business has to pay
  4. 11. collection of financial account
  5. 12. - restoration of accounts
  6. 14. Person who owes an amount
  7. 15. transfer of ownership of goods
  8. 16. Revenue Expenditure- Whose benefit is to be derived over years
Down
  1. 1. Purchaser or the debtor to the business
  2. 2. book of primary entry
  3. 3. owners funds
  4. 5. debtor - compilation of a number of small debtor
  5. 6. person to whom goods have been sold but at credit
  6. 9. sheet - statements of asset,liability and capital
  7. 10. buying of goods im which the business deals
  8. 13. state of financial distress