BASIC ACCOUNTING TERMS

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Across
  1. 4. A PERSON WHO IS NOT IN POSITION OF PAYING ITS DEBTS
  2. 5. AMOUNT INVESTED IN BUSINESS
  3. 8. DISCOUNT ALLOWED FOR TIMELY PAYMENT OF DUE AMOUNT
  4. 9. AMOUNT SPEND TO INCURRED FOR ACQUIRING ASSETS
  5. 11. A PERSON IS IN A POSITION TO PAY ITS DEBTS
  6. 12. PHYSICAL ITEM OF TRADE
  7. 15. REDUCTION IN PRICE BY THE SELLER TO THE PURCHASER
  8. 16. FALL IN THE VALUE OF AN ASSETS
  9. 18. INCOME EARNED BY THE BUSINESS
Down
  1. 1. RESALE OF GOOODS
  2. 2. EXAMPLE OF FIXED ASSEST
  3. 3. AMOUNT OWED BY THE BUSINESS
  4. 6. CONTRIBUTERS OF CAPITAL
  5. 7. EVIDENCE OF A BUSINESS TRANSACTION
  6. 10. IT IS REDUCTION IN PRICE ALLOWED BY THE SELLER OF GOODS
  7. 13. GOODS RETURNED BY THE PURCHASER
  8. 14. OWNED BY AN ENTITY OR ENTERPRISES
  9. 17. CAPITAL IS ALSO KNOWN AS