Accounting Revision

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Across
  1. 2. The first place transactions are recorded.
  2. 4. Proof of a cash payment received.
  3. 6. Owners’ claim on the business.
  4. 7. Costs incurred in running the business.
  5. 9. A financial plan for future operations.
  6. 11. Managing money through financial institutions.
  7. 12. An obligation owed to another party.
  8. 13. A record of all financial transactions.
  9. 15. Delayed payment arrangement.
  10. 16. When revenue exceeds expenses.
  11. 17. A resource controlled by a business.
Down
  1. 1. A document requesting payment.
  2. 3. Income earned from business activities.
  3. 5. Goods held for resale.
  4. 8. The process of paying employees.
  5. 9. The difference between two totals.
  6. 10. An entry that increases assets.
  7. 14. A tax added to most goods and services.
  8. 15. Physical money kept on hand.
  9. 17. A review of financial records.