Accounting words
Across
- 2. (You did not provide a clue for this, but it's a share of ownership.)
- 6. Systematic allocation of the cost of an intangible asset over its useful life.
- 8. A financial statement showing cash generated and used over a period.
- 13. Goods held for the purpose of resale.
- 16. Accounting term for one year.
- 18. Allocation of a tangible asset's cost over its useful life.
- 20. The final sheet used to ensure debits equal credits.
- 21. An entry on the right side of an account.
- 22. International accounting standards (Acronym).
- 23. Accounting term for being owed money.
- 24. (You did not provide a clue for this, but it is money paid to employees).
- 25. Accounting done at the end of an interim period or fiscal year to correct accounts.
- 27. The principal list of all accounts used by a company.
- 29. The total value received from sales of goods or services.
- 33. Money owed to suppliers.
- 34. The standard set of accounting rules in the US (Acronym).
- 38. A statement showing assets, liabilities, and equity at a specific date.
- 39. Systematic allocation of prepaid expenses or unearned revenue.
Down
- 1. The period between one year-end and the next.
- 3. The core amount invested in a business by the owner or shareholders.
- 4. A type of asset lacking physical substance (e.g., patents, goodwill).
- 5. An obligation of the company to outsiders.
- 7. The process of making payments to employees.
- 9. A promise to repay a loan on a specific date, often issued by governments or corporations.
- 10. Money owed to the company by customers.
- 11. An entry on the left side of an account.
- 12. An owner's withdrawal of cash or assets from the business.
- 14. The remaining claim of the owners on the assets after liabilities are paid.
- 15. The final statement summarizing a company's performance over a period (P&L).
- 17. A single business event that has a monetary impact.
- 19. Accounting based on recognizing revenue/expenses when earned/incurred, not when cash is received/paid.
- 26. (You did not provide a clue for this, but it is a person or organization that acts on behalf of another party.)
- 28. The earnings kept by the corporation rather than distributed to shareholders.
- 30. The cost of resources consumed or services used to generate revenue.
- 31. Accounting entries used to zero out temporary accounts at year-end.
- 32. The full record of all transactions, before posting to the ledger.
- 35. Accounting term for having to pay money.
- 36. A resource owned by the business that is expected to provide future economic benefit.
- 37. Payment made by a corporation to its shareholders.