Accounting Theory

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Across
  1. 2. Asset/Cash in Hand, Cash at Bank are an example of
  2. 4. /amount invested by the proprietor in the business
  3. 6. /same accounting policy should be followed year to year due to this concept
  4. 11. /unsold goods lying in godown
  5. 12. /goodwill is an
  6. 13. /is a loss in value of asset due to wear and tear
  7. 17. /person who is not able to pay the liabilities at all.
  8. 18. /amount paid in advance
  9. 19. Account/Installation charges on purchase of new machinery will be debited to?
  10. 20. Payable/Creditor is an?
  11. 22. /furniture is a kind of
  12. 26. /are the responsibilities of the business
  13. 28. expenditure/Carriage Outward is a
  14. 29. /amount of expenses which are incurred but yet to be paid.
  15. 30. /amount withdrawn by the proprietor for personal use
  16. 31. /all the business transactions are measured in terms of
Down
  1. 1. balance/is an overdraft as per pass book.
  2. 3. /act to paying or receiving money
  3. 5. /Discount Received is a kind of
  4. 7. Account/Carriage inward will be debited to?
  5. 8. /due to this concept capital is shown in liability side of balance sheet
  6. 9. /Reputation of the business in market is called?
  7. 10. /amount of depreciation in straight line method of depreciation
  8. 14. /is a process
  9. 15. /Sales Less COGS
  10. 16. /due to this concept provisions are made.
  11. 21. Account/Goods sold to the customer will be credited to
  12. 23. /result due to transactions happened
  13. 24. /book keeping is a _____ stage
  14. 25. /From business will receive the money
  15. 27. /it shows the financial position of the business.