VOCABULARY

123456789101112131415161718
Across
  1. 3. The amount owed or payable to creditors
  2. 5. Shows Balance for specific item and is a record of increase or decrease
  3. 9. Relationship between assets and the two equities
  4. 11. Owner taking cash or assets from business for personal use
  5. 14. Cost of items/services to operate a business
  6. 15. Creditors claims/possession to assets of the business
  7. 16. The person/business selling an item on credit
  8. 17. property paid out for profit
Down
  1. 1. When a business buys something on credit
  2. 2. Legal right to a property
  3. 4. Buying something agreeing to pay it back
  4. 6. Total amount of money to be received later due to sel good or services on credit
  5. 7. Owners claims/possession to assets of the business
  6. 8. Economic event that causes
  7. 10. anything of value someone owns and controls
  8. 12. Properties/ items owned by a business
  9. 13. In take of money after selling items
  10. 18. Financial claims to assets (Legal rights to what you own)