Across
- 2. A concept which implies two fold effect.
- 5. Value of assets used up in the running the business in order to obtain revenue.
- 7. Owner of a business takes value from the business for the personal use.
- 8. A list of all accounts and their balances to check the arithmetical accuracy.
- 9. Cheque received, which the debtor's bank refuses to pay.
- 11. the purpose of trade.
- 12. Bank allows the business to pay out more from the bank than is put into the bank.
- 13. Income earned in a normal course of business.
Down
- 1. Summary of the transactions for the month.
- 3. The petty cashier starts each period with a fixed amount of money.
- 4. A written order to a bank to pay a stated sum of money to the person or business named on the order.
- 6. The total resources invested and left by the owner at the end of the business.
- 8. The customers that owe money to the business due to a credit sale.
- 10. Goods in which the business trades, held