Across
- 2. A chronological record of business transactions is a (n) ___.
- 4. __ is anything of value that is owned or controlled.
- 8. The left side of the T account is the ___ side.
- 9. A person or business that sells property on credit, or person or business to which money is owed, is called a (n) ___.
- 11. A (n)___ is any property or item of value owned by a business.
- 12. My last name.
- 13. When the owner takes cash or other assets from the business for personal use, a ___ occurs.
- 14. The costs of goods and services used to operate a business are __
Down
- 1. The increases or decreases in a specific item caused by business transactions are recorded in a (n) __.
- 3. The ___ side is the right side of the T account.
- 5. ___ is the income earned from the sale of goods and services.
- 6. My first name.
- 7. __ are the creditor's claims to the assets of the business.
- 10. ___ refers to the dollar amount of the owner's equity in the business.
- 15. The total financial claims to the assets of a business are known as__.
