Basic Accounting terms
Across
- 2. amount spent to earn revenue
- 6. Gross inflow of cash or receivables in the normal course of business
- 9. Excess of revenue over expenses
- 10. sale of goods
- 12. current asset held by an enterprise for purpose of sale
- 13. amount withdrawn by proprietor for personal use
- 14. expenses on purchasing
- 15. earned from transactions relating to business
- 17. evidence of transaction having taken place
- 18. return return of goods sold
- 19. excess of total expenses over total revenue
- 20. record of transactions under that head
Down
- 1. economic resources of entity which will give benefit in future
- 3. return return of good purchased
- 4. amount invested in an enterprise by a proprietor
- 5. amount spent for purchase of goods or assets
- 7. reduction in price of goods sold or in amount
- 8. items of trade purchased to be sold
- 11. economic unit which performs economic problems
- 16. purchase of goods to be sold