accounting cross word

1. receivable: amounts to be received in the future due to the sale of goods or services
4. account: account used to summarize the owner's equity in a business
7. balance: difference between the increases and decreases in an account
9. increase in equity resulting from the scale of goods or services
12. a person or business to whom a liability is owed
13. equity: the amount remaining after the value of all assets
16. payable: amounts to be paid in the future for goods or services already acquired
18. assets taken from the business for the owners personal use
19. financial rights to the assets of a business
20. amount recorded on the left side of an account

2. of accounts: a list of accounts used by a business
3. equation: the equation showing the relationship among assets, liabilities, and owner's equity
5. accounting device used to analyze transactions
6. a record that summarizes all the translations pertaining to a single item in the accounting equations
8. balance: the side of the account that is increased
10. the cost of goods or services used to operate a business
11. accountants call any business activity that changes assets, liabilities, or owner's equity
14. title: name given to an account
15. amount recorded on the right side of an account
17. on account: sale for which payment will be received at a later date