accounting terms
Across
- 4. entitles a creditor to receive a payment, or payments, from a debtor in circumstances specified in a contract between them
- 7. review of financial statements
- 9. companies that buy products and then resell them to end consumers, whether online or in brick-and-mortar stores.
- 12. assets held by an enterprise for earning income by way of dividends, interest, and rentals, for capital appreciation, or for other benefits to the investing enterprise
- 14. conducts business, realizes net income or loss, pays taxes and distributes profits to shareholders.
- 15. a company's book value, which is the difference between liabilities and assets on the balance sheet
- 18. a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
- 20. do not produce a separate business entity
- 21. provides a skilled service, personal labor, or expertise instead of a physical product
- 22. income, especially when of a company or organization and of a substantial nature.
- 23. removing funds from a bank account, savings plan, pension, or trust.
- 24. a written document filed with the Secretary of State (or registrar in Canada) by the founders of a corporation.
- 25. an economy where the market determines prices, product and services rather than the government.
Down
- 1. assists accounting departments with various tasks.
- 2. businesses make money
- 3. business or individual who helps a range of clients, from individuals to corporations, prepare financial documents.
- 5. occurs when your business has more expenses than earnings during an accounting period.
- 6. the money used to build, run, or grow a business
- 8. any business that uses raw materials, parts, and components to assemble finished goods.
- 10. a formal arrangement by two or more parties to manage and operate a business and share its profits
- 11. the party that has delivered a product, service or loan, and is owed money by one or more debtors
- 13. businesses make money for other reasons
- 16. is a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so
- 17. an economic event involving the movement of money, good, or services usually between two or more parties
- 19. certified public accountant