Chapter 9 Accounting

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Across
  1. 1. a business that purchases and resells goods
  2. 4. an account in a general ledger that summarizes the accounts in a subsidiary ledger
  3. 8. an organization with the legal rights of a person
  4. 9. a business that sells assets or supplies
  5. 11. Goods a business purchases to sell
  6. 13. the date when an invoice must be paid
  7. 16. the legal right for a business to conduct operations
  8. 17. assets or financial resources
  9. 18. a form requesting the purchase of merchandise
  10. 20. the retail price listed
Down
  1. 2. the amount a business pays for its goods
  2. 3. a list of assets
  3. 5. the total shares of ownership
  4. 6. a reduction in the list price
  5. 7. a form requesting a vendor sell merchandise
  6. 10. a summarized general ledger account
  7. 12. a journal that records only one type of transaction
  8. 14. an agreement between a buyer and seller
  9. 15. the price after a discount
  10. 17. the maximum outstanding balance
  11. 19. the owner of shares of stock