Across
- 5. amount of money a business receives over a period of time
- 8. cost directly associated with making or acquiring products
- 10. expenses which are not necessary to daily operation of the business
- 14. comprised of all short-term obligations owed by your business
- 15. daily expenses incurred in the operation of a business
- 17. amount of money the business has earned after paying income taxes
Down
- 1. amount of income earned by a business prior to paying income taxes
- 2. expenses which are still necessary but do not have a fixed amount
- 3. money owed to the business by customers, suppliers and vendors
- 4. also called total equity, found by subtracting liabilities from assets
- 6. income which does not come from the primary goal of business
- 7. are items of value owned by the company
- 9. represent the amount of revenue generated by the business
- 11. expenses which are necessary, stable and occur regularly
- 12. debts the company owes or obligations the company has
- 13. income from sales or services based on the goal of the business
- 16. systematic recording, reporting and analysis of financial transactions