Accounting Crossword Review

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Across
  1. 2. T-shaped chart that lists debits and credits
  2. 3. Assets do what to equity?
  3. 5. A record that summarizes a businesses financial history.
  4. 6. Basic accounting equation
  5. 10. April 15th is the deadline for ______
  6. 11. Things we owe are a ________
  7. 14. When its a debit, assets and expenses go __
  8. 15. Money the business makes
  9. 17. How many accounts are effected in a transaction?
  10. 19. Everything we own is an _____
  11. 20. Things we invested/earned is ___________
  12. 23. Tax put on sales
  13. 25. Credit is all incomes and _____
Down
  1. 1. amount paid on a loan or line of credit that exceeds the repayment of the principal balance
  2. 4. Account where you owe money
  3. 7. If you are making money it is a ______
  4. 8. dollar amount that is earned in profits.
  5. 9. Examination from the IRS
  6. 12. Account where you are due money
  7. 13. Money the business owes
  8. 16. When its a credit, assets go __
  9. 18. All assets are ______
  10. 21. Debit is all expenses and ______
  11. 22. Debit to the ____
  12. 24. Credit to the _____