Accounts Holiday Homework

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Across
  1. 4. Cost incurred in producing and selling the goods and services.
  2. 7. income of s regular source for an enterprise.
  3. 8. Refers to the amount invested by proprietor.
  4. 9. The amount which the firm owes to outsiders.
  5. 12. The person or firm to whom goods have been sold or service have been rendered on credit.
  6. 13. The person or firm from whom good have been purchased or service have been used on credit.
  7. 15. The person who invests in business.
  8. 16. The excess revenue over the expenses.
  9. 17. Refers to amount or goods withdrawn by proprietor for personal use.
  10. 18. The date wise summary of all business transactions relating to particular head of account.
  11. 19. Term used for the sales of goods which were purchased for resale.
Down
  1. 1. The profit earned from non operating activities.
  2. 2. Amount received from sale of fixed asset.
  3. 3. Fall in the value of asset due to usage or with passage of time.
  4. 5. Tangible goods held for resale in ordinary course of business.
  5. 6. Anything which enables enterprise to get cash or benefit in future.
  6. 9. The excess of expense of a period over its revenue.
  7. 10. Term only used for items purchased by an enterprise for resale.
  8. 11. The excess of total revenue over total expenses.
  9. 14. Tangible items purchased for resale purpose.