Introduction To Accounting 100

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Across
  1. 1. Anything that a company owns
  2. 4. An employee’s salary is an example of a business __________
  3. 5. A __________ account records the rent that a business has to pay
  4. 7. A &D’s is a local example of a ________
  5. 8. a person who controls or runs his or her own business
  6. 10. This type of transaction does not require cash for immediate purchase
  7. 11. These liabilities must be paid within a year
  8. 13. the process of recording, interpreting, and reporting financial transactions
  9. 15. Money removed by the owner of the business for personal gain
Down
  1. 2. A_________ is an individual who has shares in a company.
  2. 3. offering goods and services for sale with the aim of earning a profit
  3. 6. ___________ involves giving and receiving something of monetary value
  4. 9. Individuals who owe a business are_________ to that business
  5. 12. Employees of a company are_______ users of accounting information
  6. 14. Money invested by the owner of the business