Business Basics

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Across
  1. 2. Mr. Harrison's favorite NFL team
  2. 4. Money coming into the business
  3. 5. The standard and rules accountants have to follow
  4. 8. Anything a business owns, uses or can turn into cash
  5. 9. A business owned by 1 person
  6. 11. A person or business whom a liability is owed
  7. 12. The side where the dollar sign goes
  8. 13. Assets minus Liabilities equals owners equity is the
  9. 15. The difference between assets and liabilities
  10. 16. A sale in which the money is paid at a later date
  11. 18. Assets taken from the business by the owner for personal use
  12. 19. An intangible act performed by a business for a fee
Down
  1. 1. Any activity the a business is involved with that changes the accounting equation
  2. 3. A swear word in business
  3. 6. The goal of every business
  4. 7. Cash that is put into the business by the owner
  5. 10. The process of planning, recording and analyzing financial Information
  6. 12. An amount owed by the business
  7. 14. Payable A purchase in which the money will be paid at a later date
  8. 17. Money that is spent to operate the business