Mega Accounting Crossword

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Across
  1. 5. a business that sells goods
  2. 8. a type of loan that is secured by property
  3. 9. a business with two or more owners
  4. 11. owned by a business
  5. 15. the accounting system that records both cash and amounts owing to and from the business
  6. 16. an account that records the original cost of an inventory item on the financial statements
  7. 17. earned by the business
  8. 18. shows all transactions and balances of a particular account
  9. 19. a business that does work for others to earn revenues
  10. 21. assets and liabilities to be used up within 12 months
  11. 22. an inventory costing method used that records the orginal cost of inventory
  12. 23. a tax on items bought and sold in Australia
  13. 24. another name for inventory
  14. 25. a business structure with limited liability
  15. 26. another name for accounts receivable
Down
  1. 1. a ratio that measures the ability of a business to pay its expenses
  2. 2. another name for earnings of a business
  3. 3. an inventory costing method used where it is difficult to identify individual units
  4. 4. a cash at bank account that has a credit balance
  5. 6. completed on the final day of an accounting period
  6. 7. owed by a business
  7. 10. a cost to the business
  8. 11. a type of accountant who reviews company financial reports to ensure they comply with accounting standards
  9. 12. assets that are going to be used to generate revenues
  10. 13. another name for accounts payable
  11. 14. owners investment in a business
  12. 20. occurs when expenses are greater than revenues
  13. 21. another name for the movement of cash in and out of a business