Basic Accounting Terms

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Across
  1. 3. Goods remaining unsold or unused in manufacturing as on a particular date
  2. 5. Excess of revenue over expenses
  3. 8. A summarised record of similar transaction
  4. 9. Amount taken by the proprietor for personal use
  5. 10. it is an exchange of goods and services for money
  6. 11. Claims of the owners against the firm
  7. 12. Items which are purchased with the purpose to sell
  8. 14. It is an evidence of transaction having taken place
Down
  1. 1. Reduction in the price of goods or in amount
  2. 2. A person owning business and investing therein
  3. 4. Excess of expenses over revenue and other income
  4. 6. Liabilities towards outsiders
  5. 7. Amount owed to the firm
  6. 13. A person who owes amount to the enterprise against credit sales