Across
- 5. is the value of the business.
- 6. income is greater than expenses
- 7. a short-term loan from the bank when you run out of cash.
- 8. another name for this is liabilities.
- 10. business
- 11. payment for services and consumable goods that the business buys in order to keep the business running.
- 12. money, goods, and property a business can use to make an income through the activities of the business.
- 14. a written plan on how to spend future income
Down
- 1. assets that can be converted into cash within the next year
- 2. type of capital that uses goods to produce other goods that satisfy our needs and wants.
- 3. costs that relate to the amount of products and services the business provides.
- 4. assets that will not be converted into cash within the next year
- 9. capital needed to run the business from day to day
- 13. items with a monetary value and are owned by
