Across
- 5. Amount invested by the owner in business is termed as
- 6. Amount received or receivable against sale of goods is
- 9. assets which are acquired not with a purpose to resell but with a purposeto increase the earning capacity of the business.
- 11. Fall in the value of an asset due to its use is termed as
- 12. The nature of accrued income is
Down
- 1. Amount at which an asset appears in the books of account is
- 2. financial transaction or event that is settled immediately in cash.
- 3. The nature of capital is a
- 4. A person who owes money to the firm for sale of goods is a
- 7. A person to whom a firm owes money for purchase of goods
- 8. amount spent or liability incurred for acquiring assets, goods or services
- 10. Goods taken by the proprietor for personal use is