L2 91174 Keywords#2
Across
- 5. reports $,from where&what spent on
- 7. Future sacrifices of economic benefits
- 13. Show income,expenses+profit for period
- 14. info capable of imopacting decisions
- 16. systematic allocation of costs-value
- 17. The amount paid for an asset
Down
- 1. same amount of depreciation every year.
- 2. Reduces depreciation each year.
- 3. expectation that a firm will remain
- 4. Calculates depreciation based on use
- 6. Resources owned by entity,yeild future benefits
- 8. (+) in assets/(-) in liabilities
- 9. Separating firm from personal affairs
- 10. Able to compare info b/w periods/entities
- 11. Info. presented clearly and concisely.
- 12. Having info before it loses relevance
- 15. (-) in assets/(+) in liabilities