Accounting Vocab
Across
- 5. Determining that the amount of cash agrees with the balance of the cash account in the accounting records
- 8. An amount recorded on the left side of an account
- 9. The number assigned to an account
- 10. A business owned by one person
- 12. Financial rights to the assets of a business
- 14. A group of accounts
- 15. The process of planning, recording, analyzing, and interpreting financial information.
- 19. A list of accounts used by a business
- 20. Recording transactions in a journal
Down
- 1. An accounting device used to analyze transactions
- 2. A ledger that contains all accounts needed to prepare financial statements
- 3. An amount owed
- 4. A business form ordering a bank to pay cash from a bank account
- 6. An amount recorded on the right side of an account
- 7. The side of the account that is increased
- 11. An increase in equity resulting from the sale of goods or services
- 13. A business form giving written acknowledgment for cash received
- 16. A form on which a brief message is written to describe a transaction
- 17. Transferring information from a journal entry to a ledger account
- 18. A form for recording transactions in chronological order