Financial Statements (Commerce)

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Across
  1. 2. Regular payments made by a business to use property or land that it doesn’t own.
  2. 4. Money owed to the business by its customers (also called debtors).
  3. 5. Money made from sales after the cost of goods sold is taken away, but before other expenses.
  4. 9. Money the business owes to suppliers and others (also called creditors).
  5. 10. A way to spread the cost of expensive assets (like equipment) over several years, showing how they lose value over time.
Down
  1. 1. Goods or products held by the business that are ready to be sold.
  2. 3. The final profit after all expenses, including tax and interest, are taken away.
  3. 4. The total amount of money earned from sales or services before any costs are taken away.
  4. 6. The cost of borrowing money, like repayments on loans.
  5. 7. Money borrowed by the business that needs to be repaid.
  6. 8. Money the business has, either in the bank or on hand.
  7. 11. The money a business must pay to the government from its profit.