Accounts Crossword 1

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Across
  1. 4. Sales is classified as _________
  2. 5. Withdrawals from the business by the owner for personal use
  3. 8. Excess of revenue over expense
  4. 9. Cost of operating the business
  5. 10. Profit generated in the trading account
  6. 12. Assets and expenses carry a _______ balance
  7. 14. Purchases + Carriage Inwards - Returns Outwards
  8. 16. Financial obligations of the business
  9. 17. Resources owned by the business
  10. 18. Type of account that deals with income statement items
Down
  1. 1. Profit after accounting for operating expenses
  2. 2. Sale made to a customer with a promise for payment at a later date
  3. 3. Type of account for balance sheet items
  4. 6. A person who the business owes for goods
  5. 7. Type of account for debtors and creditors
  6. 11. Investments into the business by its owner
  7. 13. Revenue, capital and liabilities carry a ______ balance
  8. 15. Sales - Returns Inwards