Accounting Terms

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Across
  1. 2. The result of selling goods for more than they cost the business
  2. 3. Assets such as cash and stock for resale; or items having a short life
  3. 6. Total money owed for assets supplied to the business
  4. 7. The total resources supplied to a business by its owner/s
  5. 9. Identifying, recording, interpreting and communicating the accounting information
Down
  1. 1. The proper recording of business transactions
  2. 3. A person to whom the business owes money for goods or services received on credit
  3. 4. The result of selling goods for less than they cost the business
  4. 5. Assets which have long life and are bought for use in the business
  5. 8. Resources owned by the business