Across
- 4. buying now with the promise to pay later
- 7. promises of payment you still owe
- 9. the owners share of what remains
- 11. a purchase made without immediate cash
- 14. putting in resources now for more later
- 16. money customers still owe you
Down
- 1. the money a business earns
- 2. an event that changes financial records
- 3. taking money out for personal use
- 5. the one who expects repayment
- 6. the costs that reduce earnings
- 8. a record that tracks increases and decreases
- 10. something you can own, like land or buildings
- 12. things of value that belong to you
- 13. a right to receive money
- 15. the leftover value after debts are paid
- 16. the rule that balances assets, liabilities, and equity