Accounting Crossword
Across
- 5. A business owned by one person
- 6. Assets taken out of a business for the owner's personal use
- 9. Recording and analyzing financial information
- 12. This ledger contains all of the accounts
- 14. A business activity
- 15. The expense used when making payments on your property or building
- 17. Information for each transaction recorded in a journal
- 18. Transferring information from a journal to a ledger
Down
- 1. The concept that records revenue at the time goods or services are sold (3 words)
- 2. This shows all the accounts used in a business (3 words)
- 3. The side of the account that is increased (2 words)
- 4. Any business you owe money to
- 7. this type of entry is used to correct an error in a ledger
- 8. the type of document required for all transactions
- 10. A form in which a brief message is written describing the transaction
- 11. The concept that keeps personal and business records separate (2 words)
- 13. A sale for which cash will be received at a later date (3 words)
- 16. An increase in owner's equity resulting from the operation of a business