Account's terminology
Across
- 2. - A reduction in price of goods sold or in Amount
- 3. - a person who is in a position to pay his it's debts.
- 8. - recordings business transaction in the books of accounts.
- 9. - claim of owners or proprietor in the businesses.
- 10. - excess of total expenses over total of revenue and other income.
- 13. - decrease in the book value of an asset due to its use or efflux.
- 15. - sale of goods
- 17. - the amount spent or liability incurred for purchasing assets good or taking service's
- 18. excess of revenue over expenses
- 19. - profit earned from transactions relating to business
- 20. - economic resources of the entity which will give benefits in the futures.
Down
- 1. - a record of transactions under that head
- 4. - an evidence of transaction having taken place.
- 5. - claim of amounts against the entity or enterprise.
- 6. sheet - a statement of balances of assets and liabilities.
- 7. - A person who owns the business.
- 8. - Amount spent or incurred to earn revenue.
- 11. a person or entity to whom goods are sold or services are rendered on credits.
- 12. - expense on purchasing and or manufacturing goods.
- 14. debts - debt not recoverable
- 16. - gross inflow of cash , receivables or other consideration in the normal course of businesses.