Perez - Chapter 2 Vocab

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Across
  1. 2. important or basic
  2. 3. Entity that gives businesses rights
  3. 6. information processed by hand
  4. 10. certain behaviors
  5. 11. accepted principles of accounting
  6. 12. Person who transforms ideas real-world businesses
  7. 14. the idea of the business will survive indefinitely
  8. 16. summarized info about status of a business
  9. 18. period of time covered by a accounting report
  10. 21. buys finished things & resells
  11. 24. buys raw materials & makes things
  12. 25. Businesses that spend more money than they earn
  13. 27. owned by two owners
  14. 28. just enough or good enough
Down
  1. 1. People free to produce goods & services
  2. 4. computerized
  3. 5. defined
  4. 7. system that gathers docs & reports on $$$ transactions
  5. 8. owned by a singular person
  6. 9. reporting info to management
  7. 13. sound or space
  8. 15. large business recognized by law
  9. 17. reporting information to outside people
  10. 19. provides a service for $
  11. 20. Supply of the owner $$$
  12. 22. bring about spendage
  13. 23. exists alone of its owners personal posessions
  14. 26. amount spent to keep the business operating