Across
- 2. subsidiary ledger containing vendor accounts
- 5. each unit of ownership in a corporation
- 7. a business that purchases and resells goods
- 9. assets or other financial resources available to a business
- 11. owner of one or more shares of stock
- 13. a legal document that identifies basic characteristics of a corporation
- 14. a business from which merchandise, supplies, or other assets are purchased
- 15. total shares of ownership in a corporation
Down
- 1. the selling of goods in large quantities to be resold by others
- 3. goods that a business purchases to sell
- 4. a ledger that is summarized in a single general ledger account aka "subledger"
- 6. an organization with the legal rights of a person which many person or other corporations may own
- 8. the sale of goods to the public in relatively small quantities for use or consumption
- 10. the legal right for a business to conduct operations as a corporation
- 12. an account in a general ledger that summarizes all accounts in a subsidiary ledger