Accounting: Owner's Equity, Liabilities & Assets

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Across
  1. 4. The cost of borrowing money used by the business
  2. 6. Revenue earned for selling services
  3. 7. total withdrawals and assets
  4. 12. total initial or additional investments made by the owner
  5. 13. oil and gasoline expense
  6. 16. Obligations or debts payable by the business to other parties evidenced by a promissory note issued by the business
  7. 18. Cost of trucks, delivery panels and other equipment used for transporting goods.
  8. 19. water and electricity expense
Down
  1. 1. Obligations or debts collectible from customers and other persons for goods or services sold or loan granted, evidenced by a promissory note issued by the customers.
  2. 2. Cost of the building owned and being used by the business.
  3. 3. Revenue earned for lending money.
  4. 5. The allocation of the cost of certain asset like the building, office furniture and fixtures, office equipment etc. over their estimated useful life.
  5. 8. Long-term obligations or debts payable by the business to a bank or other financial institutions, secured by certain assets of the business
  6. 9. Cost of computers, typewriters, calculators, duplicating machines
  7. 10. Revenue earned by real estate
  8. 11. Cost of the land (ground) where the building stands.
  9. 12. Coins, currencies, and cash equivalents either on hand or deposited in the bank.
  10. 14. Amount withheld from the salary of employees plus the company’s share due and payable to the SSS.
  11. 15. Amount paid for the use of space for the store, working area or office of the business.
  12. 17. Amount paid for the services of employees working in the firm.