ACCOUNTING TERMS

Edit Answers
12345678910
Across
  1. 2. It is an excess of expenses over revenues, either for a single business transaction or in reference to the sum of all transactions.
  2. 3. In the accounting world, this is the abbreviation of Cost of Goods.
  3. 5. It is the money, property, or value that an individual or business receives in exchange for labor, services, the sale of goods.
  4. 7. Anything of monetary value that is owned or controlled by a business or organization.
  5. 10. This is an independent BC workspace used mainly for tests.
Down
  1. 1. It is the financial gain or money a business or individual keeps after subtracting all expenses, costs, and taxes from total revenue.
  2. 4. This is the type of expenses implying running the company such as rent and office salaries.
  3. 6. In a T account, this is the abbreviation of Credits.
  4. 8. It is the copy of Business Central provided by Microsoft to an organization.
  5. 9. In a T account, this is the abbreviation of Debits.