Across
- 3. the word that indicates if someone owes us money
- 4. what is accountings purpose
- 5. what the owner owns of the company
- 6. an expense account used to track any money we have spent on bills
- 9. any money that has been used to pay the company's needs
- 14. the account that is used for what the company's pays for its building
- 15. a chart that separate credit and debit
- 17. this will increase the company's value
- 18. anything we own ____
- 19. a building or land that a person or company can buy as a asset
- 20. credit is in what direction
- 22. if you are making money it is ____
- 23. the word that indicates if we owe money
Down
- 1. money the owner takes out of the company
- 2. anything we owe ____
- 7. a expense that promotes the company
- 8. Invoice Amount After Discount + Sales Tax Amount=
- 9. Assets=Liabilities+Owner's Capital−Owner's Drawings+Revenue-Expenses.
- 10. a asset that a company buys to keep it running
- 11. every transaction effects at least ____ accounts
- 12. the overall net worth of a company____
- 13. the term for what the company pays its employees
- 16. if you are losing money it is ____
- 21. the basic accounting equation is _____
- 24. debit is in what direction