Accounting concepts

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Across
  1. 2. when a business spends more than it makes
  2. 4. used to start a business
  3. 7. an amount of money received in exchange for selling a product
  4. 9. the life span of the business is limited to the owners life span
  5. 10. money that is spent by the business to keep it running
Down
  1. 1. debts that arise during the course of the business operations
  2. 3. trader A business with one owner
  3. 5. When the owner of a business takes out money for his personal use
  4. 6. when a business makes more than they spend
  5. 8. money paid to the government every time you earn money