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