Across
- 4. Contains all the accounts of a business, where transactions of a similar nature are recorded.
- 7. A business owned by one person who usually manages their business.
- 9. Expenses exceed (are more than) Income.
- 10. The total capital contribution the owner has made to the business.
Down
- 1. The money needed to start a business, which can come from loans, investments, or the owner's own savings.
- 2. Money received by the business, such as from selling products or services.
- 3. Income minus Expenses.
- 5. Money spent by the business on necessary goods and services.
- 6. The right-hand side of a ledger account.
- 8. The left-hand side of a ledger account.