T.L.E

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Across
  1. 4. Father of Accounting.
  2. 7. Amounts Entered in Acc. System.
  3. 11. Asset-Liability =
  4. 14. Makes good Decisions.
  5. 15. Earn their Income by services.
  6. 17. prepaid Rent and Prepaid Insurance.
  7. 18. Owned by two or more persons.
  8. 21. sold on credit but issued by a promissory note.
  9. 26. Not let weakness overcome him.
  10. 30. refers to amounts paid to employees.
  11. 31. Language of Business.
  12. 34. Items bought on Credit.
  13. 36. Proprietorship/ Owned by one person.
  14. 37. Terms used to identify specific elements of Acc.
  15. 39. Cost of Transporting in goods.
  16. 42. Revenue from sale of Goods.
  17. 43. Grouping of similar items.
  18. 44. Summarizing the details of the data.
  19. 45. Thinking of new ways.
  20. 46. Revenue-Expense =
  21. 47. Involves the transfer of resources.
Down
  1. 1. Do not involve transfer of resources.
  2. 2. Welcomes risks.
  3. 3. Buy raw materials to convert.
  4. 5. Cost of using Space.
  5. 6. items bought but not yet paid.
  6. 8. land acquired use in Business.
  7. 9. Pens,Paper,Ink.
  8. 10. Asset- O.E =
  9. 12. Amounts paid for Water and Electricity.
  10. 13. additional investment of Cash.
  11. 16. Value or rights owned by the Business.
  12. 19. Revenue earned as a result of Professional Service.
  13. 20. Trading Business.
  14. 22. Computers,Printers,Photocopiers.
  15. 23. Are Accrued Expenses.
  16. 24. Collectibles from customers for Goods sold to them on Credit.
  17. 25. Cost of Borrowing money.
  18. 27. Heavy Equipments.
  19. 28. Cost of transporting out Goods.
  20. 29. records the day to day transactions.
  21. 32. Cost of repairing.
  22. 33. Also called the Income.
  23. 35. Refers to structures of Business.
  24. 38. Bills&Coins.
  25. 39. Tables,Chairs,Cabinets.
  26. 40. Prepare projected expenses
  27. 41. Wheeled items used to transport goods.
  28. 48. Examine Business records.