BAF3M Final Exam Review Crossword

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Across
  1. 6. Ratio that evaluates short term ability to pay debt
  2. 7. Anything of value to a business
  3. 9. A business with more than one owner
  4. 10. Paid to shareholders
  5. 12. Period of time over which earnings are measured
  6. 13. Source document. Can be purchase or sales
  7. 17. Book of original entry
  8. 18. A group or file of accounts
  9. 19. Method of accounting for merchandise inventory
  10. 20. Money owed to a business by its customers
  11. 22. When revenue exceeds expenses
  12. 24. A debt of a business
  13. 27. A type of business that resells goods
  14. 28. A limited company with shareholders as owners
  15. 29. Statement to compare cash bank and company
Down
  1. 1. A person who is owed money by the business
  2. 2. A business with one owner
  3. 3. Sales tax
  4. 4. A type of business that sells intangible items
  5. 5. A statement showing the financial position
  6. 8. Also known as net worth and owner's equity
  7. 11. The steps in the fiscal accounting process
  8. 14. Term of sale
  9. 15. Eight or ten column. Tom's favourite.
  10. 16. Process transferring from journal to ledger
  11. 18. How current asset are arranged
  12. 20. Left side of an account
  13. 21. Ratio of net earnings to owner's equity
  14. 23. A Canadian professional accounting designation
  15. 25. Exchange of values
  16. 26. Non sufficient funds