Across
- 2. EXPENSE Money received in advance for goods or services
- 6. Money spent by a business to earn revenue
- 7. Money invested by the owner in the business
- 10. Money received by a business from its customers
- 11. ASSETS Assets that have no physical existence
- 12. Resources owned by a business that have monetary value
- 13. Assets that can be touched or seen
Down
- 1. Owner's investment in the business
- 3. amount of money that a company owes to lenders or creditors
- 4. LIABILITY Debts that are payable within a year
- 5. Money taken out of the business by the owner
- 8. Money owed by a business to its creditors
- 9. Income earned by a business from its operations