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Across 2. what a company owes 6. costs of operating a business 8. a report of revenue, expenses, and net income or loss from operations for a specific period 9. a report that lists a company’s assets, liabilities, and owner’s equity 10. plans income and expenses from the beginning of a new business or a major business expansion until it becomes profitable 11. what a company owns; anything of value owned by a business

Down 1. financial documents that are used to record and analyze the financial performance of a business 3. describes the financial plan for ongoing operations of the business for a specific period of time 4. the value of the business after liabilities are subtracted from assets; the value of the owner’s investment in the business 5. all income that a business receives over a period of time 7. an estimate of the actual money received and paid out for a specific period of time