Across
- 1. An evidence of business transaction.
- 3. persistent fall in value of fixed assets.
- 5. An obligation for the business to pay back the owner at the time of winding up.
- 9. A series of regular financial transactions aimed at earning profit.
- 10. Items a business deals with.
- 11. profit earned during an accounting period.
- 12. A person to whom the business owes an amount
Down
- 2. Cost incurred for generating income.
- 4. Reduction in sale price of goods
- 6. A person who bears the entire risk of the business.
- 7. Valuables of the business and help in generating revenue.
- 8. Amount payable to outsiders.