Across
- 2. Charles _____
- 4. assets=____ + equity
- 5. Luca ______
- 7. ___ ____;examples are owners, managers, employees etc.
- 12. principle that states the properties and service acquired by the business must have evidence
- 14. type of business that buys goods and resells it
- 16. type of business that turns raw materials into products
- 18. owner's claim over the business
- 20. purchase on account can ____ liabilities
Down
- 1. examples are no liability protection and risk of friction among partners
- 3. owed by the business
- 6. has two owners
- 8. has only one owner
- 9. ___ ___ accounting;examples are bookkeepers, auditors, tax accountant
- 10. type of business that provides manpower and human efforts
- 11. has 3 or more owners
- 13. a system of recording, classifying and interpreting
- 15. _____ ____ bookkeeping; was made by Luca Pacioli
- 17. owed by the business
- 19. means hand