Chapter 1
Across
- 3. rights to the assets
- 4. taken out for the owner's personal use
- 5. in OE resulting from the operation of a business
- 9. statements/financial reports
- 10. activity that changes A, L, or OE
- 14. business/a business that performs an activity
- 16. owed
- 17. balance/amount in an account
- 18. summarizing all info pertaining to a one item
- 19. of right and wrong
Down
- 1. owned by one person
- 2. ethics/the use of ethics in making business decisions
- 6. increase in OE resulting from operation of a business
- 7. equation/A=L+OE
- 8. of business
- 11. of value
- 12. used to summarize the owner's OE
- 13. equity/assets-liabilities
- 15. on account/a sale for which cash will be received at a later date