Accounting Terms

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Across
  1. 2. Cash that leaves a business
  2. 3. When a company gains more revenues than expenses
  3. 4. A type of accoutning report which displays the assets, liabilities and owner's equity of a firm
  4. 6. External debts that the business owes
  5. 9. Payments made by the business that is a cost to the business
  6. 11. A business that specialises in providing a service for prodit
  7. 12. A business that specialises in selling goods for profit
  8. 14. Debts that the business owes to the owner for their contribution of money/cash
Down
  1. 1. A type of accounting report which displays the sources of revenue and expenses of a business, showing if the business made a profit or a loss
  2. 5. Cash received by a business by selling a good to customers
  3. 7. An item owned by a business that has value and is available to meet debts and commitments
  4. 8. Cash that comes into a business
  5. 10. Cash received by a business by providing a service to customers
  6. 13. Money that the business makes, making the business more wealthy
  7. 15. Debts that the business owes