Across
- 5. price paid for use of borrowed money
- 6. to make less severe
- 7. anything that had value and is owned by the business
- 8. Loss: result of expenses being higher than income or total revenue
- 9. expense: costs that stay consistent monthly.
- 11. sum of money given by government for a particular purpose
- 13. value: true value
- 16. Original amount
- 19. Value: estimated value of a fixed asset at the end of it's useful life.
- 21. above what is used or needed
- 22. practice of using credit to increase total capital managed beyond amount of owners equity
- 23. Wealth in the form of money or other assets owned by a person or business
- 25. a loss in value
- 26. luxury items
- 28. plan of how and where expenses will go and what income will do
- 29. has a board of directors
Down
- 1. no profit and no loss
- 2. short term health of a business
- 3. increase in value
- 4. Sheet: list of assets and liability
- 10. something owed or due
- 12. food,water,clothing,shelter
- 14. Ration of net income to total assets
- 15. income: Total income before expenses are paid
- 17. a book in which farm accounts are kept
- 18. An act of helpful activity
- 20. legal responsibility with employees and money
- 24. raw material
- 27. money made after expenses