Across
- 3. Earnings amount retained in the business- they are also called profits.
- 7. represents how much of an asset's value has been used.
- 9. What the business owns
- 10. the cost of doing business; it is created when an asset is used up, not when cash is paid out.
- 11. in hand, money that the business has on hand to use as needed.
Down
- 1. the list of items that a business has on had to sell
- 2. what the business owes
- 4. what belongs to the owner
- 5. payable money and payments to be made to others for something you bought or a service provided.
- 6. money and payments expected to receive from something sold or a service provided.
- 8. money generated from normal business operations. What is received when something is sold or a service is provided.