accouting terms

1. The relationship between assets and the two types of equities (liabilities and owner’s equity) (Bryan Banegas)
3. A verb use when the owner invests something into his business. (amaya)
5. accounts payable is a. (Bryan)
10. an economic event that causes a change either an increase or a decrease—in assets, liabilities, or owner’s equity. (Escobar)
11. When you agree to buy something and agree to pay it later. (Jose Sisnado)
12. term for Property or items of value owned by a business. (Jose Sisnado)
13. anything of value a person or business owns and controls. (Escobar)
14. THe only account used under owner's equity. (amaya)
15. subdivision under assets, liabilities, or owner’s equity. (Escobar)
17. An account under assets. (amaya)
19. A transaction where money loan repayments or payments for goods and services are made at a future date. (amaya)

2. The business or person selling you the item on credit. (Jose Sisnado)
4. A transaction that uses physical cash. (amaya)
6. The accounting term for the financial claims to assets (Jose Sisnado)
7. The owner’s claims to the assets of the business. (Escobar)
8. legal right to an item. (Jose Sisnado)
9. money or other property paid out in order to produce profit. (Escobar)
12. is the amount owed, or payable, to the creditors of a business. (Bryan)
16. The creditor’s claims to the assets of the business (Bryan)
18. the total amount of money owed to a business—money to be received later because of the sale of goods or services on credit.