Accounting
Across
- 3. current assets subtracted from current liabilities is ___?
- 5. how quickly something can be turned into cash is ___?
- 6. what is the revenue or expense expected to be generated through business activities?
- 11. all money made is ____?
- 14. the amount of money owed to a business is ___?
- 15. cost that does not change with the volume of sales is known as ___?
- 17. what is gross profit divided by revenue?
- 18. the amount of money a company owes creditors is ___?
- 19. amount paid on a loan or line of credit that exceeds the repayment of the principle balance is __?
- 23. what is used to evaluate the financial performance relative to the amount of money invested?
Down
- 1. a method to reduce risk is ___?
- 2. any obligation a business has to pay at the end of an accounting period
- 4. the portion of a company's assets an owner can claim
- 7. long-term and likely provide benefits to a comapny are ___?
- 8. what is a systematic way of recording and reporting financial transactions?
- 9. an entry recording an amount owed on the left side of an account is ____?
- 10. a financial report the summarizes a company's assets is ____?
- 12. a complete record of the company's financial statement?
- 13. a company's total earnings is ___?
- 14. the basic accounting equation is ____?
- 16. money leaving an account is a ____?
- 20. the money we spend is ___?
- 21. profit earned by a company before taxes are taken out is known as ___?
- 22. everything we own is an ____?