accounting puzzle
Across
- 6. : is a fundamental principle in accounting that shows the relationship between a company assets,liabilities and equity .
- 7. : is anything that a company owns that has value.
- 8. : is a person or company that owes money to another person or company .
- 11. :is a loan used to buy property,such as a house .
- 13. : is to refer to the physical location or property value a business operates .
- 14. : are debts that a company owes to third-party creditors that are payable beyond 12 months.
- 15. : is something a company owes it could be money , goods or services.
- 16. : is a tangible asset that a company uses in its operation to generate revenue .
- 19. :is when a business buys something to use in tis operation or to sell to customers .
Down
- 1. :the money a company earns from selling goods or services.
- 2. : is the money a busniess makes after paying all its expenses .
- 3. : refers to things that will be used or paid within one year.
- 4. : means that you have spent more money than you have in your bank account.
- 5. : when a company spents more money than its earns .
- 9. : is the money or other assets that a business uses to start or grow its business.
- 10. asset :things that a company owns and uses to run its business.
- 12. : are amount of money that have been earned or spent , but not yet paid.
- 17. : is the process of recording summarizing ,and analyzing financial transaction to provide information for decision making.
- 18. : are costs that a businees incurs to generate revenue.