Across
- 2. Funds taken from the business by the owner for personal use.
- 5. A statement that tests the accuracy of the total of the debits and credits.
- 7. Property owned by a business.
- 8. Excess revenue over expenses.
- 10. Account used to record money customers owe the business.
- 13. An owner's interest in a business.
- 14. The right side of a T Account
- 15. an outflow of cash or use of other assets.
Down
- 1. Debts of a business.
- 3. A report of a business' financial condition as of a certain date.
- 4. A report of business operations over a certain period of time.
- 6. The left side of a T Account
- 8. Excess expenses over revenue.
- 9. Account used to record money a business owes its creditors.
- 11. An inflow of money resulting from the sale of goods or services.
- 12. The process businesses use to record financial information.