General Journaling
Across
- 1. Money owed by a company to its creditors
- 5. Payments made to insurers in advance for insurance coverage
- 7. A tangible long-term asset that benefits a business over several years of use
Down
- 2. An asset account on the balance sheet that represents money due to a company
- 3. The portion of a company's assets that an owner can claim
- 4. Debts or obligations a person or company owes to someone else
- 6. Things you own you can sell for money