Across
- 2. The result of selling goods for more than they cost the business
- 3. Assets such as cash and stock for resale; or items having a short life
- 6. Total money owed for assets supplied to the business
- 7. The total resources supplied to a business by its owner/s
- 9. Identifying, recording, interpreting and communicating the accounting information
Down
- 1. The proper recording of business transactions
- 3. A person to whom the business owes money for goods or services received on credit
- 4. The result of selling goods for less than they cost the business
- 5. Assets which have long life and are bought for use in the business
- 8. Resources owned by the business