Introduction to Accounting

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Across
  1. 2. purchased as shares on the stock exchange
  2. 4. Assets equals Liabilities plus OE
  3. 5. owners investment and drawings
  4. 9. reviews companies reports for accuracy
  5. 11. held by family and friends
  6. 14. items of value owned by a business
  7. 16. income of a business
  8. 17. to owe as a debt (A,E)
  9. 18. day to day running costs
Down
  1. 1. now known a statement of financial position
  2. 3. shared profit from 2-20 people
  3. 6. owned by one person
  4. 7. used to check accuracy of ledger
  5. 8. amounts owed outside the business long term
  6. 10. money or items withdrawn from the business
  7. 12. owners contribution to business
  8. 13. to trust or lend (OE,L,R)
  9. 15. taxinvoice, bank statements, receipt