Across
- 3. amount owed to the creditors of a business
- 5. subdivision under assets liabilities or owner's equity
- 6. total money owed to a business
- 9. items of value owned by a person
- 11. debts of a business
- 13. owner's claim to the assets
- 15. anything of value that a person or business owns
- 17. someone that is owed money
- 18. when a business pays with credit
Down
- 1. earned from sales
- 2. relationship between assets and equities
- 4. cost of products or services
- 7. money payed to produce a profit
- 8. economic event that causes a change
- 10. financial claims for assets
- 12. legal right to property
- 14. when a business owner takes money from the business for personal use
- 16. when you agree to pay for something later