Accounting Title
Across
- 3. Owner’s share in the business.
- 5. Recording losses quickly and being careful with profits.
- 6. Recording income and expenses when they happen, not when money is received or paid.
- 8. Statements: Reports showing the financial position of a business.
- 12. The left side of an account.
- 17. Using the same accounting methods over time.
- 18. Debts a business owes.
- 19. Business activities involving money.
- 20. Entries: Changes to accounts at the end of a period.
Down
- 1. A book for first recording transactions.
- 2. Focusing on important information only.
- 4. Balance: A list showing all account balances.
- 7. A book that records all accounts.
- 9. The right side of an account.
- 10. Money earned by the business.
- 11. Aligning costs with the revenue they help create.
- 13. Moving data from a journal to a ledger.
- 14. Things a business owns.
- 15. Costs of running the business.
- 16. Concern: Assuming the business will continue to operate.