Across
- 2. an amount recorded on the left side of an account
- 4. a business owned by one person
- 9. a formal written document that describes that nature of a business and how it will operate
- 10. a sale for which payment will be received at a later date
- 12. the difference between personal assets and personal liabilities
- 13. a list of accounts used by a business
- 15. recording transactions in a journal
- 16. an increase in equity resulting from the sale of goods or service
- 18. financial rights to the assets of a business
- 19. the difference between assets and liabilities
- 20. an amount owed
Down
- 1. a business that performs an activity for a fee
- 3. the name given to an account
- 5. written acknowledgment for cash received
- 6. a form on which a brief message is written describing a transaction
- 7. an accounting device used to analyze transactions
- 8. information for each transaction recorded in a journal
- 11. an amount recorded on the right side of an account
- 13. a person or business to whom a liability is owned
- 14. the use of ethics in making business decisions
- 17. anything of value that is owned