financial literacy
Across
- 3. - Expenses paid in advance and recorded as assets (8 letters).
- 4. - The allocation of the cost of a tangible asset over its useful life (12 letters).
- 6. - The act of allocating resources, usually money, in the expectation of generating income (11 letters).
- 8. - Money set aside for future use (7 letters).
- 12. - An estimate of a liability or expense, such as for bad debts (9 letters).
- 15. - Expenses incurred but not yet paid or recorded (6 letters)
- 16. - Income earned from providing goods or services (7 letters).
- 18. - Funds invested by the owners or shareholders in the business (7 letters).
- 20. - Revenue earned from business activities (7 letters).
Down
- 1. - Financial obligations recorded on the balance sheet (9 letters).
- 2. Debts - Amounts receivable that are considered uncollectible (8 letters).
- 5. - Amounts owed to the government based on income, often adjusted at year-end (3 letters).
- 7. - Revenue received before it is earned, recorded as a liability (7 letters).
- 9. - Costs incurred by a business in the process of earning revenue (8 letters).
- 10. - Technology used to enhance financial services (7 letters)
- 11. Banking - Financial transactions conducted via mobile devices (13 letters).
- 13. - Revenue or expenses recognized before cash transactions occur (7 letters).
- 14. - Borrowed money that must be repaid with interest (4 letters).
- 15. - The gradual write-off of an intangible asset over its useful life (11 letters).
- 17. - The ownership interest in the company, calculated as assets minus liabilities (6 letters).
- 19. - The cost of borrowing money, usually expressed as a percentage (8 letters)
- 21. Flow - The movement of cash into and out of a business (9 letters).