Accounting Basics

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Across
  1. 5. Money a company makes after paying all its expenses
  2. 7. Money that customers owe to a company for things they bought on credit
  3. 9. How much money a company expects to earn and spend in the future.
  4. 10. Costs a company has to pay to run its business.
  5. 14. The money you have left after paying taxes and other necessary expenses
  6. 17. The amount of money a company owes to others
  7. 19. Money paid to employees for their work
Down
  1. 1. Debts, or obligations a company has to pay
  2. 2. Money you make from working
  3. 3. Long-term items a company uses, like buildings or machinery, that don’t change often
  4. 4. A report that shows what a company owns, what it owes and what’s left for the owners at that time
  5. 6. Total money a company earns from its main activities
  6. 8. Money that people invest in a company to help it grow.
  7. 11. Happens when a company spends more money than it makes
  8. 12. Movement of money in and out of a company
  9. 13. Money that a company has earned or spent, even if it hasn't been officially recorded
  10. 15. This is the money a company makes from selling goods or services
  11. 16. Extra money left after all expenses are paid
  12. 18. Is a complete record of all the financial transactions of a company