ACCOUNTING VOCAB

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Across
  1. 4. always on the side used to record increases to an account
  2. 8. legal permission that gives a corporation certain rights and privileges
  3. 9. a report or description of an event or experience
  4. 12. the action or process of investing money for profit or material result
  5. 13. entry on left side of account
  6. 18. system to analyze and record a transaction
  7. 19. shows the dollar increase or decrease in an account that is caused by a transaction
  8. 20. when a business spends more than it earns
  9. 21. income
  10. 22. the portion of the company assets that an owner can claim
  11. 23. the act of withdrawing money
  12. 24. money that investors, banks, or business supply
  13. 25. a thing or things belonging to someone
Down
  1. 1. business recognized by law to have a life of its own
  2. 2. the money required for something
  3. 3. provides service for a fee
  4. 5. list of all accounts used by a business
  5. 6. money owed to a company by its creditors
  6. 7. entry on right side of account
  7. 10. accounts grouped together
  8. 11. person who transforms ideas for products or services into real-world business
  9. 14. the value of the shares issued by a company
  10. 15. money owed to a company by its debtors
  11. 16. the state of being responsible for something, especially by law
  12. 17. business owned by one person