Principles of Accounting AMOA
Across
- 3. An amount of money a bank lends to a customer
- 4. A cheque which the bank will not pay because of insufficient funds in the account is called a “ ______ Cheque ”
- 7. A place which holds money for its clients, and lends money
- 9. A fixed amount of money periodically paid to a person for work
- 10. Money put into the business by the owner
- 13. Amount of goods sold by the business
- 14. An entry in an account that represents an increase in the value of assets
Down
- 1. Money the owner takes out for personal use
- 2. A person or firm to whom money is owed
- 5. The ______ system is a fixed amount of money given to a petty cashier to make small payments
- 6. Business receives money from client
- 8. Money in an immediately useable form
- 11. Total sales minus Cost of goods sold
- 12. Resources owned by business