Accounting Terms

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Across
  1. 4. Revenue and expenses are part of
  2. 5. financial position of the company-Accounting
  3. 6. and loss statement shows financial health of business.
  4. 7. Accounting ascertains the cost of the product.
  5. 9. increase the shareholders' wealth.
  6. 10. Sheet shows financial position of the business or organization as on a particular date.
  7. 12. economic resources that are capable of generating stream of future revenue.
Down
  1. 1. record all monetary transactions that take place in the organization.
  2. 2. financial obligations of the firm to outsiders.
  3. 3. statements summary of accounting transactions.
  4. 4. are incurred in the process of generating revenues.
  5. 8. Accounting is called of business.
  6. 11. Flow Statement is summary of cash account of the business.