basic accounting principles

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Across
  1. 2. used to provide businesses with feedback
  2. 3. typically includes sales revenue
  3. 4. includes: insurance and office supplies
  4. 6. all expenses that allows a business to run
  5. 9. amount a business made after taxes
  6. 10. item of value a business owns
  7. 12. another word for what you have purchased
  8. 15. directly deposited money into your acount
  9. 18. subtract the cost of good sold from net sales
  10. 20. debts or other obligations of a company
Down
  1. 1. also known as profit and loss statement
  2. 5. the higher the better
  3. 7. has a limit per purchase that you can't go over
  4. 8. primary document of the general ledger
  5. 11. calculated based on your income amount
  6. 13. divisions of the general ledger
  7. 14. business made less money than spent
  8. 16. measures the loss in value of an asset
  9. 17. business made more money than spent
  10. 19. examples: machinery, buildings