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Accounting Vocabulary c p r o f e d i p o s t i t n c r r e a s t a n c e b a l i a b o r i l i n t t y r d e b t e l b l e d i t o r n t a d n o r s s h a r e s s t o c k s o c k o w s e r e s t e c o r d i v i e d Copyright © June 2012 Joanne Chapman r d e n d v e n t u r n o v e r e d u c e r www.speak-sprachschule.de Across If you sell something for more money than it costs to produce, you make a _________. The people I must pay money to are known as _____________. (BE) Customers who must pay us money are known as ______________. (BE) Goods and products which the company has available to sell are known as _____________. (BE) The difference between debit side of the account and the credit side of the account: ___________ When a new invoice comes in, I ___________ it to the trade creditors ledger. If my colleagues asks to use my pen and I say yes, she __________ my pen. EBIT stands for "Earnings Before ____________ and Tax" Invested expect to receive a ______________ if the company makes a profit. Another word for "sales" (BE) profit creditors (AmE accounts payable) debtors (AmE Accounts receivable) stock (AmE inventory) balance post borrows interest dividend turnover Down Another verb meaning "rise" _______________. If the bank lends me money I have a ____________. If the company buys a building, I must _________ the fixed asset account. If I pay cash for something, I must ___________ the bank account. The opposite of an asset. If my colleagues asks to use my pen and I say yes, I __________ her my pen. All income and expenditure must be _______________. People who invest in a company buy: Another word for "income" Another word for "go down" increase loan debit credit liability lend recorded shares/stocks revenue reduce BE = British English AmE = American English Copyright © June 2012 Joanne Chapman www.speak-sprachschule.de