Across
- 3. Amount earned by performing services or selling goods for customers
- 4. Properties of value owned by a business (ex. cash, supplies, equipment)
- 5. Owner's investment of equity in the company
- 6. The recording function of the accounting process
- 8. Business that buys a product from a manufacturing company to sell to its customers
- 9. Money taken out by owner for personal use
- 11. An asset that indicates amounts owed by customers
- 12. Business that provides a service
- 13. Obligations that come due in the future
- 14. Business that makes a product and sells it to its customers
- 15. A cost incurred by running a business or consuming supplies
Down
- 1. Assets - Liabilities =
- 2. Revenue - Expenses (positive)
- 5. Someone who has a claim to assets
- 7. A form of business with at least 2 owners
- 10. A type of business organization that has 1 owner