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