Financial Terms Crossword

12345678910111213
Across
  1. 4. The cost of borrowing money on a loan or earning money on an interest-bearing account
  2. 5. A physical check performed by an auditor to check that everything is accounted for correctly
  3. 7. An asset purchased for the purpose of earning money such as shares
  4. 8. The value of ownership interest in the business. Calculated by deducting liabilities from assets
  5. 9. A document provided to a customer to request payment for a good/service received
  6. 12. The fixed costs associated with operating a business such as rent
Down
  1. 1. A lending term used when a customer purchases a good or service with an agreement to pay at a later date
  2. 2. A financial obligation or amount owed
  3. 3. The process of expensing an asset over a period of time. An asset is depreciated to spread the cost of the asset over its useful life
  4. 6. Things you own. These can be cash or something that can be turned into cash such as property
  5. 10. A person or business that allows you to purchase a good or service with an agreement to pay at a later date
  6. 11. A person or business that owes you money
  7. 13. The actual good or materials a business currently has on hand