Accounting Crossword Puzzle

4. The principal service that a public accountant offers.
8. A mathematician credited with the ownership of the first written work about Algebra, Geometry and Bookkeeping.
9. This includes the recording transactions and preparing financial reports for the use of the management, owners, or creditors.
10. The simplest form of organization, it is owned by one person known as proprietor or entrepreneur.
12. It is an accounting job done by private business enterprises.
14. It refers to a business or individual who helps a range of clients, from individuals to corporations.
15. The residual interest in the assets of the enterprise after deducting all its liabilities.
17. A financial report that shows properties owned by the business and all debts or claims against these.
18. This is where items are sorted and grouped. Similar items are classified under the same name.
19. These are things of value that are owned and used by the enterprise in its operations.
20. The data recorded are summarized through financial statements wherein these are submitted to the management.

1. It is defined as the systematic and chronological recording of the financial transactions of an enterprise.
2. It is a statement issued by an accounting board clarifying how accounting standards should be applied.
3. These are obligations that the firm owes to other individuals or organizations for the acquisition of goods or services.
5. An association of two or more persons to carry on as co-owners of a business for profit.
6. These services are intended to provide advice regarding the operations and finances of clients.
7. A business owned by five or more persons whose ownership is evidenced by shares of stocks.
11. It is also known as the language of business.
13. It reports the revenues earned by a company and the expenses used for such revenues.
16. This includes preparation and filing of income tax returns.