Crossword Puzzle Unit 6 Jack Rodney

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Across
  1. 3. / anything of value that the business owns
  2. 5. / whether the business's health is stable, improving, or declining is also known as
  3. 6. equity / the amount the owner has invested in the business
  4. 7. / financial summary estimating when, where, and how much money will flow into and out of a business
  5. 8. / records income and expenditures at the time the money changes hands.
  6. 9. / After collecting this documentation
  7. 16. / Without this, Businesses would crumble
  8. 18. / a business's financial condition at a particular moment-
  9. 19. / One of the Source Documents
Down
  1. 1. / Assets - liabilities = Owner's Equity
  2. 2. / debts that the business owes
  3. 4. / a special book or computer program in which transactions are recorded
  4. 9. / method journalize income and expenditures at the time they occur
  5. 10. / a accounting record for a specific department
  6. 11. / the final step is "Closing the Books"
  7. 12. / One of the Financial Transactions
  8. 13. / sometimes called the profit-and-loss statement
  9. 14. / a consistently applied process for handling its financial information
  10. 15. / a listing of the business's different accounts and their current balances
  11. 17. is the process of keeping financial records