Across
- 3. is money on hand
- 5. the structure owned by a business
- 7. is the value of cash and other assets invested
- 8. is an account debited for assets withdrawn
- 10. represents the rentals that have been used
- 11. is the increase in economic benefits during the accounting period
- 12. represents the cost paid to the government for permits and licenses
- 14. represents the cost of electricity and water
- 15. are the resources owned and controlled by the firm
Down
- 1. the lot on which the building is constructed
- 2. are the owner’s claims in the business
- 4. are amounts due from customers
- 6. are assets held for resale
- 9. are obligations of the firm arising from past events which are to be settled in the future.
- 13. are decreases in economic benefits during the accounting period