Accounting Unit 1 to 3

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Across
  1. 2. The person or business receiving payment from the business.
  2. 4. Expenses greater than Income
  3. 5. Liabilities + Owner's Equity
  4. 7. Theft or misappropriation of funds
  5. 8. The person or business making a payment to another.
Down
  1. 1. Liabilities has a ______ balance
  2. 2. Accounts of other businesses or people that the business has a financial relationship with
  3. 3. Income greater than Expenses
  4. 6. Assets has a _____ balance
  5. 7. A business may have incorrectly enter an amount deposited in the bank account