Across
- 1. – The book where transactions are first recorded (7 letters)
- 5. – Resources owned by a company (6 letters)
- 6. – Costs incurred to generate revenue (7 letters)
- 11. – An official inspection of financial records (5 letters)
- 12. – A report that lists all accounts and their balances (12 letters)
- 14. Flow – The movement of cash into and out of a business (9 letters)
- 15. – An entry on the left side of an account (5 letters)
Down
- 2. – The income earned from business activities (7 letters)
- 3. – Goods available for sale (9 letters)
- 4. – An entry on the right side of an account (6 letters)
- 7. – The owner’s interest in the assets of a company after liabilities are deducted (6 letters)
- 8. Sheet – A financial statement showing assets, liabilities, and equity at a point in time (12 letters)
- 9. – What a company owes to others (9 letters)
- 10. – The financial resources used to fund a business (7 letters)
- 13. Receivable – Money owed to a business by its customers (12 letters)