Vocabulary project
Across
- 2. Money owner takes from company for personal use
- 5. Subtracting liabilities from assets gives you this
- 7. buying this makes you a partial owner of the company
- 9. money owed to a business
- 10. Specific profile or record
- 13. person or business who lends credit to another party
- 14. putting money into a business
- 15. consumer gains services and promises to pay later
- 18. money a business owes another party
Down
- 1. formal request for payment
- 3. Assets = Liabilities + Owners Equity
- 4. economic move made by two parties
- 6. Buying or selling using credit
- 8. Money made by a business before expenses are subtracted
- 11. owned by the company; real estate
- 12. A cost the business pays in order to generate revenue
- 16. Item or resource of economic value
- 17. Subtracting owners equity from assets gives you this