Basic Accounting Terms

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Across
  1. 4. Farm animals regarded as business assets.
  2. 6. Tangible products sold by a business.
  3. 9. Money placed in ventures to earn returns.
  4. 10. Entry that increases assets or expenses.
  5. 11. When expenses exceed revenues.
Down
  1. 1. Increase in wealth not from usual business operations.
  2. 2. Goods bought for resale in a business.
  3. 3. The financial gain when income exceeds expenses.
  4. 5. Entry that increases liabilities or income.
  5. 7. Goods or services sold to generate revenue.
  6. 8. Total income before expenses are deducted.