Chapter 3 Vocab Board Accounting (Two words use - instead of a space)

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Across
  1. 4. a financial transaction between two different businesses or parties (two words)
  2. 5. money taken out of a company or an account
  3. 8. paid with credit, not using cash (two words)
  4. 9. the owners investment in their own company (two words)
  5. 10. a claim that entitles a creditor to receive their money owed (two words)
  6. 13. the total of all equipment, supplies, property, etc. that a company has
  7. 14. who or what gives out loans
  8. 16. money spent
  9. 17. shares issued by a company
  10. 18. something belonging to someone
Down
  1. 1. the equation used to determine if all money is accounted for (assets=liability+owners equity) (two words)
  2. 2. money other parties owe you (two words)
  3. 3. the ability and trust to borrow money (loans, etc)
  4. 6. somewhere money is held safely
  5. 7. the money a company owes to investors/suppliers (two words)
  6. 11. debt
  7. 12. money put into another company to make a profit
  8. 15. money made