Cjoyner Chapter 3 Vocabpr

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Across
  1. 2. uses cash from business for personal use
  2. 4. when your by something and agree to pay for it later
  3. 5. business buys an item on credit
  4. 6. income earned on a sale
  5. 7. owners claim to assets
  6. 9. is a subdivision
  7. 10. anything of value
  8. 11. legal right to property
  9. 13. putting money in to make profit
  10. 14. cost used to operate a business
  11. 15. is the amount owed
  12. 17. the creditors claim to assets
  13. 18. economic event
Down
  1. 1. claim to these assets
  2. 3. total amount of money owed to a business
  3. 8. ASSETS=LIABILITIES+OWNERS EQUITY
  4. 12. property owned buy a business
  5. 16. person selling the credit