Across
- 3. Anything that takes place in the business.
- 5. What results when the business has paid more out of its bank account than it had paid into it.
- 6. Capital can decrease due to these.
- 9. Material items an owner can invest in the business.
- 10. Short for Debit.
- 12. Short for credit.
- 18. A person who owes our business an amount of money.
- 21. When the business buys goods for resale from suppliers.
- 22. Every transaction is recorded by means of it.
- 24. payable A person to whom our business owes an amount of money.
- 25. A person from whom our business buys goods for resale.
Down
- 1. A phrase used when goods are not paid for immediately when bought or sold.
- 2. A person to whom our business sells goods which were bought on credit.
- 4. The owner ______ money or assets in the business.
- 7. When a business borrows money.
- 8. Another word for an owner.
- 11. An amount of money received by the business during a given period of time.
- 13. Technical word used when we receive or give cheques.
- 14. Capital can increase due to these.
- 15. 'Receives' in Accounts is known as __________.
- 16. Technical word used when we receive or give cheques.
- 17. An amount of money or assets invested in the business by the owner.
- 19. 'Gives' in Accounts is known as _________.
- 20. The meaning of debit.
- 23. When the business sells goods to customers.