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ACC IG Definitions A - C

Across
The cost of transporting goods, paid by a business on its own purchases
Money spend on non-current assets that is intended to of benefit to the business.
A reduction in the amount paid by the credit customers or given by credit suppliers.
Total of a club's surpluses over a period of years
The basic rules and procedures that are adopted by businesses.
Goods unsold at the end of the trading year.
When a bad debt that has been written off is settled by the customer.
This is were the transaction are listed prior to being posted to the double entry system.
Down
Payments deducted automatically from bank account
Resources with a monetary value that are owned by a business.
The investment made by owner of the business.
The link between assets, capital and liabilities
A part of the end of year statements of a partnership.
An amount owed by a credit customer that will not be paid.