Accounting

Complete the following words.

1. This company has supplied goods but has not received any Money for them yet.

C _ _ _ _ _ _ R

CREDITER

2. Companies make this when they sell their goods for more than it costs them to make them.

P _ _ _ _ T

PROFIT

3. Companies make this when they sell their goods for less than it costs them to make them

L _ _ S

LOSS

4. Goods wich are bought by the company.

P _ _ _ _ _ _ E S

PURCHASES

5. Goods wich the company has available to sell.

S _ _ _ K

STOCK

6. An amount of money wich is taken out of an account.

W _ _ _ D _ _ _ _ L

WITHDRAWAL

7. Customers who have received goods but not paid for them yet.

D _ _ _ _ R S

DEPTORS

8. A reduction in the price wich is offered to customers.

D _ _ C _ _ _ T

DISCOUNT

9. This is the name of the difference between the credit and debit sides of an account.

B _ _ _ _ _ E

BALANCE

10. This is drawn up to check that the two sides of the accounts are the same.

T _ _ _ L B _ _ _ _ _ E

TRIAL BALANCE

11. The cost of transporting goods is called this.

C _ _ _ _ _ G E

CARRIAGE

12. The official books for keeping accounts.

L _ D _ _ _ S

LEDGERS



Professional English. Alison Pohl. Penguin English Guides (2002). Pages 2,3