Unit 1 Topic 1

2. a business with several owners
3. part of the accounting equation
4. costs to a business through the generating of revenues
8. a type of investment whereby investors loan cash to the government to earn interest
9. income earned by a business through the sale of goods or services
10. a business that has limited liability
11. items owned or controlled by a business to generate revenues
12. what the owner gets back on their investment
14. a business that sells goods to achieve a profit

1. this type of liability means the owner is responsible for the business debts
5. the name of an investor in the stockmarket
6. a business that uses skills and labour for revenue
7. a business with a single owner
13. a type of investment for amounts invested in the bank for a certain period of time