Across
- 2. The negative result when a business's expenses exceed its revenue.
- 4. Items of value owned by a business, such as cash, inventory, equipment, and property.
- 6. Debts or obligations owed by a business, including loans, accounts payable, and accrued expenses.
- 9. The total income generated by a business from its normal business activities.
- 10. The value of ownership interest in a business, calculated as assets minus liabilities.
Down
- 1. The amount of money a business earns after deducting expenses from revenue.
- 3. flow The movement of money in and out of a business over a specific period.
- 5. The costs incurred by a business to generate revenue.
- 7. statement A financial statement that summarizes a business's revenue, expenses, and profit or loss over a specific period.
- 8. A financial statement that provides a snapshot of a business's financial position, showing assets, liabilities, and equity.