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Accounting Basic Word Scramble

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Created by: rkabra

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Term	Definition
Amount invested by the owner	CAPITAL
Monthly payment to employees	SALARY
Resources owned by the business	ASSETS
Claims owes by the business	LIABILITIES
Money taken by the owner form the business for personal use	DRAWINGS
Items purchased for re-sale purpose	GOODS
Long-Term Properties	FIXEDASSETS
Short-Term Properties	CURRENTASSETS
Closing Capital Less Opening Capital	NETPROFIT
Money over withdrawn from the bank	BANKOVERDRAFT