Intro to Accounting Terminology

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Across
  1. 4. (2 words, no space) A paper or digital record that proves a transaction happened
  2. 5. A document requesting payment for goods or services
  3. 8. Something a business owns that has value
  4. 11. The system a business uses to record and organize financial information
  5. 12. When revenue is greater than expenses
  6. 14. When expenses are greater than revenue
  7. 16. Money a business earns from its activities
  8. 18. A business owned by two or more people
Down
  1. 1. A plan for how money will be earned and spent
  2. 2. An entry on the left side of a T‑account
  3. 3. An entry on the right side of a T‑account
  4. 6. (3 words, no space) A numbered list of all accounts a business uses
  5. 7. Something a business owes to others
  6. 9. proprietorship (2 words, no space)A business owned by one person
  7. 10. A cost a business pays to operate
  8. 13. Any event that changes a business’s financial position
  9. 14. A collection of all accounts used by a business
  10. 15. A business that is legally separate from its owners
  11. 17. The owner’s claim on the business after debts are paid