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