Across
- 2. It is an evidence of a business transaction
- 7. Fall in the value of an asset due to usage or efflux of time
- 8. Goods which are are purchased for reselling or are lying unsold at the end of the accounting period
Down
- 1. A person or entity who owes amount to the business firm against credit sale of goods or services rendered.
- 3. It is the cost incurred for generating revenue
- 4. Amount which the business firm owes to outsiders
- 5. the income earned by a business from its operating activities.
- 6. Amount invested by the proprietor in the business enterprise