Financial Vocab

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Across
  1. 1. Often seen with the word card
  2. 5. Money or other property paid out to generate a profit
  3. 6. Financial claim to assets
  4. 7. Subdivision under Assets, Liabilities, and Owner Equity
  5. 11. The total owned to a business
  6. 12. Something you own
  7. 14. The amounts owed to, or payable, to a businesses creditor
Down
  1. 2. Cost of product or service used to run a business
  2. 3. Income earned through goods or services
  3. 4. Items of value owned by a business
  4. 8. Owners claim to the assets of the company
  5. 9. Creditors claim to the assets of the company
  6. 10. Person who sells you something on credit
  7. 11. Assets=Liabilities+Owners equity
  8. 13. When the owner takes cash or assets from a business for personal use