Crossowrd on Balance Sheet
Across
- 3. Assets expected to be converted into cash within one year
- 5. Retained earnings kept in the business
- 7. Obligations or debts payable by the business
- 9. Most liquid asset available for transactions
- 10. Reduction in value of assets over time
- 12. Financial statement showing assets and liabilities position
- 14. Long-term assets used in business operations
- 15. Borrowed funds that must be repaid
Down
- 1. Short-term obligations due within one year
- 2. Amounts to be collected from customers
- 4. Difference between current assets and current liabilities
- 6. Total assets minus total liabilities
- 8. Goods held for sale or production
- 11. Owner’s residual interest after liabilities
- 13. Resources owned by a business with economic value