Chapter Three
Across
- 4. Buying something and agreeing to pay for it later
- 5. Carry out or do a project or services
- 7. Taking cash out of an account
- 9. Anything paid out to try and make a profit
- 10. Some time soon
- 11. Amount owed to creditor
- 17. Putting money in an account
- 18. Financial claims to assets
- 19. Income earned for sales goods or services
- 20. When you gain something
- 21. A=L+OE
- 22. Amount of money owed to a business
- 25. Capital
Down
- 1. Claim that gives legal right to a property
- 2. Buying something on credit
- 3. Anything of value that a person or a business has
- 6. Person who runs business
- 8. Debts
- 12. Person or business that owes you money
- 13. In the left column of the accounting equation
- 14. Event that causes a change
- 15. First account in the asset column
- 16. To create
- 23. Subdivision in the accounting equation
- 24. Cost of something for a business