Across
- 1. part of accounting, it being a process of recording financial transactions and event in the books of accounts
- 2. type of assets that are held by the company for long term
- 5. Person who owns the business
- 6. current asset held by the enterprise for the purpose of sale
- 9. fall in the value of asset due to usage
- 10. an intangible asset representing the value of a company's reputation
- 11. properties owned by an enterprise
- 13. amount owed by an enterprise
- 15. The amount withdrawn by the current account holder in excess of the balance in his current account up to a predetermined limit decided by the bank.
- 16. excess of total revenue over total expenses
- 18. debt not recoverable
Down
- 1. statement of the financial position of an enterprise
- 2. statements prepared at the end of the accounting period
- 3. person or an entity who owes amount to the enterprise
- 4. an evidence of transaction having taken place
- 7. goods taken by proprietor for personal use
- 8. a unit which performs economic activities
- 12. type of assets that are neither intangible nor tangible
- 14. person or an enterprise unable to pay his or its debts
- 17. total assets- total liabilities