Across
- 5. Money the business owes to suppliers.
- 7. Costs of running the business.
- 9. A record of all accounts and their balances.
- 10. Money customers owe to the business.
- 12. Money earned from selling goods or services.
Down
- 1. Money or assets taken out by the owner for personal use.
- 2. Money or assets invested by the owner.
- 3. Things a business owns that have value.
- 4. The book or system where transactions are first recorded.
- 6. The owner’s claim on the business after liabilities are paid
- 8. Proof a transaction occurred.
- 9. Debts or things the business owes.
- 11. Balance A list of all account balances to check if debits = credits.