Accounting Crossword

4. / the one supplying stocks to customer
5. / amount of extra items a business is gaining
6. / the one owing to the business
8. / an amount owing to the business
9. / amount of items that a business lost
11. / estimate loss in value of the fixed asset over its expected working life
14. / mistakes found in Trial Balances
15. / accounting principle that states"Every transaction has two aspects-giving and receiving-"
16. / written order to a bank to pay a stated sum of money

1. / An amount owing to the Business which will not be paid by the debtor
2. / List of balances on the accounts in the ledger at a certain date
3. / the price of an item
5. / accountants should not overstate profit and asset and that liabilities should not understated
7. / written acknowledgement of money received and acts as proof of payment
10. / item that people use to purchase something
11. / the Reduction of price of an item to encourage buyer to buy
12. / financial statements provide information about a business’s financial performance and position
13. Control/ The establishing of a credit limit and the later monitoring of the debtor's account
15. / account that means giving