Across
- 1. anything good that is received over and beyond what was expected (usually money)
- 5. Depreciation is an accounting method for distributing a tangible or physical asset's cost over its usable life or expected life.
- 7. A mortgage is a sort of financing used to purchase real estate.
- 9. money paid to an employee at a specified rate per hour worked
- 12. the process of repaying a debt
- 13. accounting entry that results in a rise in assets or a decrease in liabilities.
- 15. is the amount that must begiven on any debt before interest.
Down
- 2. Disposable income not spent for consumer goods.
- 3. Rate
- 4. Money received, especially on a regular basis
- 6. of a loaned sum that a lender charges the borrower as interest, usually represented as an annual percentage.
- 8. A tax is a sum of money that you must pay to the government in order for it to provide public services
- 10. A sum of money that one is obligated to pay due to owing overdue money.
- 11. borrower receives an amount of money or anything of value and repays the lender at a later period, usually with interest.
- 14. a borrowed item, particularly a quantity of money that is anticipated to be repaid with interest.