Crossword

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Across
  1. 4. Economic resources owned by an entity and tailing future benefits to the entity.
  2. 6. Goods being manufactured and not completed yet.
  3. 7. Receivables that are frequently named as "bad debts".
  4. 9. Ownership interest of the company.
  5. 13. Long-term assets that lack physical existence.
  6. 15. Assets owned by an entity with the purpose of being sold or used in production process within 1 calendar year or operational cycle unless it's less than 1 year.
Down
  1. 1. Physical items employed in production process or other operations of the business.
  2. 2. Assets that are due from debitors for certain date.
  3. 3. Goods purchased for being sold.
  4. 5. Goods finished at production and awaiting for sale.
  5. 8. Summarizes what a firm ownes and owes at a point in time.
  6. 10. Cash and other assets that are convertable readily into cash throughout normal cycle of business or as usual within year.
  7. 11. Debts and obligations to pay oney or to rent services.
  8. 12. Reports how much firm earned in the period of analysis.
  9. 14. Long-lived assets necessary in the operation of a business and are not convertable into cash.