Across
- 2. Book where transactions are classified account-wise
- 3. Right-hand side of an account
- 4. Statement prepared to check the arithmetical accuracy of ledger accounts
- 9. Document showing details of goods sold on credit
- 11. Left-hand side of an account
- 12. Income earned from business activities
- 14. Goods sold by the business
- 16. Excess of revenue over expenses
- 18. Statement showing revenues and expenses
Down
- 1. Financial statement showing assets, liabilities and equity
- 2. Amounts owed by a business to outsiders
- 5. Excess of expenses over revenue
- 6. Money introduced by the owner into the business
- 7. Owner’s claim in the business
- 8. Resources owned by a business
- 10. Goods bought for resale
- 11. Person who owes money to the business
- 13. Cost incurred to earn revenue
- 15. Book in which transactions are first recorded
- 17. Person to whom the business owes money