financial education

5. - Funds invested by the owners or shareholders in the business (7 letters).
7. - The cost of borrowing funds, which needs to be adjusted for accruals (7 letters).
11. - Amounts owed to the government based on income, often adjusted at year-end (3 letters).
12. - Revenue or expenses recognized in one period but earned or incurred in another (8 letters).
14. - The removal of an asset or expense from the accounts (8 letters).
16. - Expenses paid in advance and recorded as assets (8 letters)
17. - An estimate of a liability or expense, such as for bad debts (9 letters).
18. - Expenses incurred but not yet paid or recorded (6 letters).
19. Income - Payments received before earning them, recorded as a liability (14 letters).
20. - Income earned from providing goods or services (7 letters).

1. - The gradual write-off of an intangible asset over its useful life (11 letters).
2. - The state of having total debits equal to total credits in the accounts (7 letters).
3. - Revenue or expenses recognized before cash transactions occur (7 letters).
4. Debts - Amounts receivable that are considered uncollectible (8 letters)
6. - Goods available for sale, adjusted for cost of goods sold (9 letters).
7. - Revenue earned from business activities (7 letters).
8. - Financial obligations recorded on the balance sheet (9 letters).
9. - Amounts due from customers that need to be adjusted for bad debts (12 letters).
10. - Revenue received before it is earned, recorded as a liability (7 letters).
13. - Costs incurred by a business in the process of earning revenue (8 letters).
15. - Income received in advance or expense related to property use, adjusted accordingly (4 letters).