Across
- 2. Debts the company owes or obligations the company has
- 3. The amount of money the business has earned after paying taxes
- 4. Derived by subtracting the cost of goods sold from net sales
- 7. The loss in value of an asset
- 8. Money which is available immediately
- 11. The core of a company's accounting system
- 13. The initial investment in the business as well as any retained earnings that are reinvested in the business
Down
- 1. Shows the numerical balances determined by the chart of accounts
- 5. Communicates information which tells specific details about a company
- 6. Money which is coming into the business
- 9. Expenses that are the daily expenses incurred in the operation of your business
- 10. Strategies used to monitor a company's business resources
- 12. Items of value owned by the company