Accounting Terms

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Across
  1. 4. Resources owned by a business.
  2. 6. Liquid asset used for transactions.
  3. 7. Example of a nominal account.
  4. 10. Obligation payable by the business.
  5. 11. Costs incurred in business operations.
  6. 12. Used to check arithmetical accuracy.
  7. 13. Amount owed to suppliers.
  8. 14. Example of a fixed asset.
Down
  1. 1. Book of original entry.
  2. 2. Goods bought for resale.
  3. 3. Principal book of accounts.
  4. 5. Document used to record credit purchases.
  5. 6. Amount invested by the owner in the business.
  6. 8. Income from business activities.
  7. 9. Amount owed by customers.