Introduction to Accounting

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Across
  1. 5. Total revenue from goods and services sold
  2. 7. Costs incurred by a business in the process of earning revenue
  3. 8. Deduction in price of goods sold
  4. 9. Obligations an enterprise has
  5. 12. Person who owe money to an enterprise
  6. 13. Reduces investment of the owner
  7. 15. Owner's equity
  8. 17. This refers to a business enterprise
  9. 20. The documentary evidence in support of a transaction
Down
  1. 1. Spending money for some benefits
  2. 2. Encourage prompt payment
  3. 3. income earned from the sale of fixed assets
  4. 4. He has to be paid by an enterprise
  5. 6. Quantification of business transaction using monetary units
  6. 10. Internal users of the business entity
  7. 11. Economic event occurs within the enterprise
  8. 14. An example of fixed asset
  9. 16. This increases investment of the owner
  10. 18. Economic resources of an enterprise
  11. 19. Language of business