accounting terms

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