Capstone Crossword

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Across
  1. 1. Infrastructure owned by the firm that is used for the business
  2. 4. A list of original entries of daily financial transaction
  3. 6. promissory Note, Letters of Credit
  4. 8. Compensation earned by hourly-paid workers
  5. 11. Payments either in cash or credit
  6. 12. Assumed selling price of good or service
  7. 14. ENTRY A record of a single transaction
  8. 15. Investment if the owner
  9. 17. Total sales combining sales in cash and credit
  10. 18. A specified length of time
  11. 20. Generally accepted accountanting principles
  12. 22. Management of money and other financial assets
  13. 25. Good that are stored and intended for sale as defined by the business
  14. 26. This is a accountanting principle that states expenses must be aligned to revenues earned.
  15. 27. These stockholders earn income when they sell their shares of stocks/the company issues divedend
  16. 31. A person who starts a new business and takes or it's risk –
  17. 34. Day to day costs that the buy may incur in its operation
  18. 35. Two or more persons own the business
  19. 36. Debts or obligation owned by the business
  20. 38. Amount with drawn by the owner from earnings of the business
Down
  1. 2. Physical or mental work rendered for the business
  2. 3. Prepared by a seller and submitted to the buyer
  3. 5. Exchange of good services money
  4. 7. From selling merchandise
  5. 9. Expenditures keep assets in good condition
  6. 10. Available cash and near-cash on hand to pay for current liabilities –
  7. 13. Amounts that require payment in the future
  8. 16. A type of business characterized buy and sell of goods to customers
  9. 18. One or more buildings used as a place to product
  10. 19. money or resource owed by the business
  11. 21. The language of business
  12. 23. Entity that owes money or assets to a creditor
  13. 24. Provide services and earn income from(eg.hotel, massage, recreation, leisure)
  14. 26. purchase intended for sale
  15. 28. Property, Business
  16. 29. While the SEC use it to control and protect investors and creditors
  17. 30. Banks, Supplies/Vendors
  18. 32. the general concept of recognizing expenses and liabilities as soon as possible when there is uncertainty
  19. 33. Anything that the business own
  20. 37. Owned by firm that is used for business