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Accounting Terms
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Crossword Crossword on Accounting Terms
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Owner's investment in business (6) Expenses ............... are deducted from 2. 4. Prepared to check accuracy of double expenses in income statement (7) entry recordings (12) 3. Possessions of the business (6) 6. Sales returns also known as returns 5. Left hand side of the ledger (5) ............. (7) 8. Cost of a non-current assets less its 7. All the debts of the business (11) aggregate depreciation (12) 9. Amount that a debtor will not pay (8) 10. Method of depreciation depreciation ideally used used for 14. Purchases returns also known as returns loose tools and livestock livestock (11) ............ (8) 11. Profit or ..... (4) 15. Book in which accounts are kept (6) 12. Decrease in value of a non-current non-current asset 16. Third column of a ledger (6) (12) 13. System used to record transactions (11) 17. Shows financial position of a business at a given given date (12) 18. Expenses ............ are added added to expenses paid in income statement (3) 19. Difference between revenue and cost of sales (11) 20. Excess of profit over expenses (6) Get more interactive crossword puzzles at http://principlesofaccounts.weebly.com 1.
