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