EMS Term 2 Terminology

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Across
  1. 3. When money is paid or received.
  2. 4. A plan of how to use money.
  3. 7. A document showing money that must be paid.
  4. 8. Sale When goods are paid for immediately.
  5. 10. Money invested in a business by the owner.
  6. 11. A person who owes the business money.
  7. 15. Asset An asset that can be turned into cash within a year.
  8. 16. Asset An asset that is kept for a long time (e.g. buildings, equipment).
  9. 17. Money that is owed to others.
  10. 19. When expenses are more than income.
Down
  1. 1. A person the business owes money to.
  2. 2. When income is more than expenses.
  3. 5. Money spent.
  4. 6. Money received (e.g. salary, wages).
  5. 9. Money set aside for future use.
  6. 12. A financial institution that keeps and manages money.
  7. 13. Proof of money received.
  8. 14. Sale When goods are paid for later.
  9. 18. Something valuable that a person or business owns.