Accounting

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Across
  1. 3. a sum of money or other resources whos principle or interest is set appart for especific objectives.- Alvaro Rodas
  2. 5. the account term for the financial claim to the assets-Liam Young
  3. 6. creditors claims to the assets of the business. - Liam Young
  4. 8. sum of money that one or more individuals or companies borrow from banks or other financial institutions so as financially manage planned or unplanned events.- Alvaro Rodas
  5. 10. equity owners claims to the assets of the business. - Liam Young
  6. 14. business or person selling you an item on credit.- Andrea Lopez
  7. 15. money owed to a company for delivered goods or consumed services.- Maria Manueles
  8. 16. the money a company owes its vendors-Maria Manueles
  9. 18. is a subdivision under assets, liabilities,or owners equity-Maria Manueles
  10. 19. the total amount of money required for the initial capital investment along with the funds needed for interest accumulation to replace equipment perpetually- Alvaro Rodas
  11. 20. All funds on deposit with a bank or savings and loan institution, normally in non-interest-bearing accounts.- Alvaro Rodas
Down
  1. 1. relationship between assets and the two types of equities.- Liam Young
  2. 2. any subsequent payments made into a financial agreement, following an initial investment.- Alvaro Rodas
  3. 4. an economic event involving the movement of money, goods, or services, usually between two or more parties.-Maria Manueles
  4. 7. legal right to an item.- Andrea Lopez
  5. 9. property or item of value owned by a business.-Liam Young
  6. 11. partial payment of an amount owed.-Andrea Lopez
  7. 12. buy something, paying later.- Andrea Lopez
  8. 13. anything of value that a person or business owns and therefore controls.- Andrea Lopez
  9. 17. an asset acquired or invested in to build wealth and save money from the hard earned income or appreciation.-Maria Manueles