Unit 5 Business Accounting Key Terms (LO1)

Edit Answers
1234567891011121314
Across
  1. 5. The % charge that a bank makes for a loan (8,4)
  2. 6. The name given to the value of the name and reputation of a business (8)
  3. 8. This is spending on day to day items for the running of the business (7,11)
  4. 9. The name given to the assets of a business that cannot be touched but add value (10)
  5. 10. Purchases (assets) that will stay in the business for a long period of time (7,5)
  6. 12. The % paid on a sale to the person responsible for making the sale (10)
  7. 14. Something that is owned by the business (5)
Down
  1. 1. Money invested in the business to set it up or to buy equipment (7,6)
  2. 2. An action by a business that involves money going either in or out of a business ((8,11)
  3. 3. Surplus achieved when revenue is higher than costs (6)
  4. 4. This is the name given to the legal protection of an invention (6)
  5. 7. Sales can be either CASH or ________ (6)
  6. 11. Government department that collects taxes (4)
  7. 13. This is the annual figure paid to an employee (6)