Accounting Cycle Crossword
Across
- 2. The post reference column in the general journal represents where the information goes to by placing the ____________.
- 4. the fourth closing entry is to close our _____________ account.
- 8. The income statement shows how ____________ a company is.
- 9. the third closing entry is to close our ___________ account.
- 12. The __________ ____________ is used to monitor all of the insurance that has expired throughout the year.
- 13. The first set of dr/cr columns in the general ledgers is for _______ we are going to do to the account.
- 15. The sixth step in the accounting in the accounting cycle is to ____________ the worksheet.
- 17. the acronym that represents our closing entries is __________.
- 18. Our ___________ accounts are our temporary accounts that we close every year in order to calculate our taxes and display an accurate picture of our company's financial picture.
- 19. the purpose of the income summary account is to prove our __________ _________.
- 23. The _________ _________ is used to monitor all of supplies we have lost during the year.
- 24. the nine step process in which we complete our accounting procedures is called the accounting _____________.
- 26. the source document used when buying or selling on account.
- 32. Trial balance is also known as what is __________ to us throughout the year.
- 33. The second step in the accounting cycle is to __________ the source documents and transactions.
- 34. the first line of a general journal transaction is for the account that we will _________.
Down
- 1. The third step in the accounting cycle is to __________ all of our transactions.
- 3. The eight step in the accounting cycle is to journalize and post the _________ entries.
- 5. The nineth and final step in the accounting cycle is to prepare the ______________ trial balance.
- 6. The fifth step in the accounting cycle is to prepare the _________________.
- 7. The post reference column in the general ledger represents where the information came from by placing the _________ type as well as the number like, G2.
- 10. The fourth step in the accounting cycle is to ________ our transactions into the general ledgers.
- 11. the first closing entry is to close our __________ accounts.
- 14. the source document used when cash is received.
- 16. The second set of dr/cr columns in the general ledgers is for the ___________ of the account.
- 20. the source document used when cash is spent.
- 21. the source document used when no other document as been provided, can be as simple as an email.
- 22. The seventh step in the accounting cycle is to prepare the ___________________.
- 23. The balance sheet shows how financially __________ a company is.
- 25. the second closing entry is to close our __________ accounts.
- 27. Merchandise ___________ is an asset account that monitors all of our items that we have purchased with the purpose to resell.
- 28. Our __________ accounts are permanent account also known as "ALC".
- 29. the second line of a general journal transaction is for the account we are going to ___________.
- 30. The purpose of the trial balance is to prove our _________________.
- 31. The first step in the accounting cycle is to ______ all of our source documents.