Chapter Three

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Across
  1. 4. Buying something and agreeing to pay for it later
  2. 5. Carry out or do a project or services
  3. 7. Taking cash out of an account
  4. 9. Anything paid out to try and make a profit
  5. 10. Some time soon
  6. 11. Amount owed to creditor
  7. 17. Putting money in an account
  8. 18. Financial claims to assets
  9. 19. Income earned for sales goods or services
  10. 20. When you gain something
  11. 21. A=L+OE
  12. 22. Amount of money owed to a business
  13. 25. Capital
Down
  1. 1. Claim that gives legal right to a property
  2. 2. Buying something on credit
  3. 3. Anything of value that a person or a business has
  4. 6. Person who runs business
  5. 8. Debts
  6. 12. Person or business that owes you money
  7. 13. In the left column of the accounting equation
  8. 14. Event that causes a change
  9. 15. First account in the asset column
  10. 16. To create
  11. 23. Subdivision in the accounting equation
  12. 24. Cost of something for a business