BCOM II
Across
- 5. Combination of two or more companies into one.
- 6. Company that is absorbed in amalgamation.
- 8. Company that takes over another company.
- 9. Allocation of cost of a fixed asset over its useful life.
- 10. Company type with only one member.
- 12. Possible obligation depending on a future event
- 13. Assumption that business will continue in the future
Down
- 1. Reserve arising from capital profits.
- 2. Obligations or debts owed by a company.
- 3. Amount paid to acquire another business.
- 4. Amount invested by shareholders.
- 7. Account used to calculate profit/loss on dissolution.
- 11. Statement showing assets, liabilities, and equity at a specific date.