Across
- 2. (Dr) – Left side of account
- 5. Evidence (invoice, receipt)
- 8. Check totals of debits and credits
- 10. Debts owed by the business
- 12. Book of accounts
- 13. Money taken by owner
- 15. Expenses > Revenue
- 16. (Cr) – Right side of account
- 17. Format for recording transactions
- 19. Costs of running the business
- 20. Entry – Every transaction has two entries
Down
- 1. Assets = Liabilities + Capital
- 3. Suppliers the business owes
- 4. Owner’s investment
- 6. Revenue − Expenses
- 7. Entity Business separate from owner
- 9. Resources owned by the business
- 11. Customers who owe money
- 14. Recording and summarising financial transactions
- 18. Income earned