Accounting Terms

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Across
  1. 2. the backbone of a business
  2. 6. in money
  3. 8. accounts payable to
  4. 12. subtracting the cost of goods sold
  5. 13. sheet shows the numerical balance
  6. 14. amount of money the business has earned after paying income taxes
  7. 15. to increase assets
  8. 17. paper form of money
  9. 18. sales
  10. 20. Revenue - Expenses =
  11. 21. green paper
Down
  1. 1. expenses incurred in running your business
  2. 3. non-government group of members
  3. 4. loss in value of an asset
  4. 5. revenue that's generated by the business
  5. 7. liabilities + Owner’s Equity
  6. 9. is financial information
  7. 10. assets land or buildings
  8. 11. difference between assets and liabilities
  9. 16. holds on to money
  10. 19. expense items that cannot be cleary associated with a particular product