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Across 3. The accounting ______________ forms the basis of a balance sheet. 9. Accounting ___________ concept is when accountants report financial information at a given date. 10. When a Bank account decreases, we record it on the _____________ side of its nature. 11. Mortgage and creditors are examples of _________________. 13. Another name for owner. 14. A balance sheet is a list of assets and the _______________ on those assets. 15. Net __________ is recorded under the capital account. 17. Another name for stock. 18. An account used to record the owner taking money out for personal use. 20. An increase in a liability account is recorded on the ___________ side.

Down 1. __________ concept is when a business/accountant rounds off financial figures to the nearest dollar and avoids using 'cents'. 2. Another name for accounts receivable. 4. A ___________ unit concept states that accountants use money to measure and record transactions. 5. When a business makes a repayment on loan, it ______________ the liability. 6. All asset accounts have a _____________ nature. 7. ______________ is seen as an internal claim. 8. A short term loan with very high interest rate. 12. The opposite of debtors. 16. Liabilities and owner's equity have a ______________ nature. 18. _________ concept means the total debit must equal the total credit. 19. A business purchasing shares of another company, is recorded as an __________.