Accounting Basics

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Across
  1. 3. What a business owns
  2. 4. Money invested by the owner to start a business
  3. 7. A book where transactions are first recorded
  4. 10. Money spent to run a business
Down
  1. 1. Excess of expenses over income
  2. 2. A person who owes money to the business
  3. 5. Excess of income over expenses
  4. 6. What a business owes to others
  5. 8. A record of all business transactions
  6. 9. Money earned by selling goods or services