Homework

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Across
  1. 4. is money or other property paid out in order to produce profit.
  2. 7. the business or person selling you the item on credit.
  3. 9. when you buy something and agree to pay for it later you are buying on.
  4. 10. account, when a business buys an item on credit it is buying.
  5. 11. from the business for personal use.
Down
  1. 1. is the cost of products or services used to operate a business.
  2. 2. is anything of value that a person or business owns and therefore controls.
  3. 3. income earned from the sale of goods or services is.
  4. 5. receivable, money owed to a company by its debtors.
  5. 6. if a business earns revenue the owner will take cash or other
  6. 8. payable, money owed by a company to its creditors.