Across
- 5. Portion of profit distributed to shareholders
- 7. Resource owned by a business that provides future economic benefit
- 8. Cost incurred in order to generate revenue
- 12. Owner’s investment in the business
- 13. Financial obligation a business must pay in the future
- 14. Legally enforceable agreement between two or more parties
- 17. Stock of goods held for sale
- 20. Reduction in value of a fixed asset over time
Down
- 1. Indirect costs incurred in business operations
- 2. Income generated from normal business operations
- 3. Independent examination of financial statements
- 4. Financial plan estimating income and expenditure
- 6. Quantity of a product consumers are willing to buy at a given price
- 9. Excess of revenue over expenses
- 10. Quantity of goods producers are willing to sell at a given price
- 11. Business owned and managed by two or more persons
- 15. Cost of borrowing money
- 16. Document issued by a seller requesting payment for goods or services
- 18. Market structure with a single seller
- 19. Principal book where all accounts are maintained