accounts

2. A person who owes money to a business for goods or services.
6. money or assets you start out with.
7. Result of selling goods for more than they cost.
8. Goods returned to the business by its customer.
12. Another name for capital of the owner.
13. Ltd is the abbreviation of ________.
14. The recording of accounting data is known as __________.
16. Part of double entry records containing details of transaction for a specific item.
19. Monetary value of goods and services supplied to the customers.
20. A statement showing assets, capital, and liabilities of a business.
21. Cash or goods taken out of a business by the owner for his private use.
23. Sold goods.

1. A financial plan expressed in money.
3. Costs of operating the business.
4. When our expense exceeds our revenues for a set of transactions it is a _________.
5. The right hand side of the accounts in double entry.
6. A person to whom money is owed for goods or services.
9. The term which breaks into two parts, capital and revenue.
10. Goods returned by the business to its suppliers.
11. The uses to which data recorded by bookkeeping can be put for various purposes.
13. Total of money owed for assets supplied to a business.
15. Bought goods.
17. Whenever an event involves money or money changed hands it becomes a __________.
18. The left hand side of the accounts in double entry.
22. Resources owned by a business.