Monitoring the Business

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Across
  1. 3. The ability of a business to pay all its debts as they fall due.
  2. 7. Overall profit after all deductions, gross profit less expenses.
  3. 8. When a business is unable to pay its debts as they fall due.
  4. 9. The account that is a snapshot of the financial health of a business at a point in time.
  5. 10. The total income from products sold.
  6. 11. Sales less cost of sales.
Down
  1. 1. Current Assets : Current Liabilities.
  2. 2. Day-to-day running costs.
  3. 4. The ability of a business to pay its short term liabilities as they fall due.
  4. 5. The account that records the sales less all the expenses the organisation incurred throughout the financial year.
  5. 6. Current Assets - Closing Stock : Current Liabilities.