Accounting Terms

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Across
  1. 4. known as profit and loss statements
  2. 6. should be done monthly
  3. 8. example would be electricity
  4. 10. are specific for the expense they incur
  5. 17. basic accounting equation
  6. 18. the reporting of financial
  7. 19. goes directly into your account
  8. 20. all expenses incurred while running the business
Down
  1. 1. Primary document of the general ledger
  2. 2. Are detailed accounting principles, guidelines and Rules used to prepare, present and report financial statement
  3. 3. daily expenses
  4. 5. Does not include operating expenses
  5. 7. provide a business with feedback
  6. 9. divisions of the general ledger
  7. 11. loss of value
  8. 12. Has a limit per purchase
  9. 13. The amount made after taxes
  10. 14. a valuable thing to someone
  11. 15. Owes money to a company
  12. 16. required contribution for the support of a national, State or local Government calculated based on income