Across
- 3. Material items held in the business for a long period of time and are not for resale
- 5. This increases Capital
- 9. An amount of money borrowed from a person or a bank
- 10. Purchases less Purchases Returns
- 12. These are assets that a listed according to liquidity
- 15. Goods which were bought for resale and sold to the customers
- 16. The value of goods not sold at the end of the financial year
- 18. What the business owes
- 21. Amounts of money that have to be paid within one year
- 22. Goods returned by the business to the suppliers
Down
- 1. This is carried out to calculate the amount of stock at the end of the financial year
- 2. Cash, cheques or goods withdrawn by the owner for personal use
- 4. These are amounts of money that have to be paid after one year
- 6. Amount of money received when the business rents premises to someone
- 7. An expense the business pays for work carried out by the employees
- 8. Sales less Sales Returns
- 11. Anything that takes place in the business
- 12. Money or Assets invested by the owner in the business
- 13. What the business owns
- 14. People that owe the business an amount of money
- 17. A transfer of an amount of money from the Cash till to the bank and vice versa
- 19. Goods bought for resale from the suppliers
- 20. When the business withdraws an amount of money from the Bank Account which is larger then the amount invested in it