Across
- 1. Credit granted to a customer who returned merchandise.
- 4. A corporation’s total shares of ownership.
- 7. Individual units of shares of ownership of a corporation.
- 10. A person or company that owns part of another company's stock.
- 11. Credit received for part of the purchase price of merchandise that is not returned.
- 12. Group of people elected by stockholders to govern the corporation. These people are the only individuals eligible to declare a dividend.
- 15. Goods bought by a business to be sold.
- 16. Credit granted to a customer by letting them keep the damaged merchandise at a reduced price.
- 20. Asset put into a business with the expectation of earning a profit from it in the future.
- 21. An organization that shares its profit with its shareholders.
- 22. Credit received for the purchase price of merchandise that is returned.
- 23. Business that buys products and sells to individual customers.
- 24. Gives the legal right for the business to operate as a corporation.
- 26. Business that sells products to other companies.
Down
- 2. Documents that represent the proof and details of a transaction.
- 3. Risk taking to establish a business to earn profit.
- 5. A form that orders the vendor to sell merchandise to the business.
- 6. Inventory that involves counting the merchandise on hand at the end of a fiscal period.
- 8. an individual with the highest-ranked position in a company.
- 9. Legal document that is part of applying for an organization to work as a corporation. The document holds details about the organization, its objective, and its other characteristics.
- 13. A form used to request the purchase of merchandise.
- 14. inventory that involves keeping continuous track of all merchandise on hand and the increases and decreases of the merchandise bought and sold.
- 17. Amount added to the manufacturing cost of the product to create the sales price of the merchandise.
- 18. Business owned and operated by an individual.
- 19. Gives the legal right for the business to operate as a corporation.
- 25. Spending plan created based on the income and expenses of a business.