Joyner Vocab 3

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Across
  1. 3. total amount of money owed to a business
  2. 5. person selling the credit
  3. 6. economic event
  4. 9. anything of value
  5. 11. putting money in to make profit
  6. 15. business buys an item on credit
  7. 16. property owned buy a business
  8. 18. owner's claim to assets
Down
  1. 1. legal right to property
  2. 2. the creditors claim to assets
  3. 4. ASSETS=LIABILITIES+OWNERS EQUITY
  4. 7. is the amount owed
  5. 8. uses cash from business for personal use
  6. 10. income earned on a sale
  7. 12. claim to these assets
  8. 13. cost used to operate a business
  9. 14. is a subdivision
  10. 17. when your by something and agree to pay for it later