The Accountant's Ledger

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Across
  1. 2. Certified professional who meets education and experience requirements and passes an exam.
  2. 5. The costs incurred in the process of earning revenue.
  3. 9. Debts or obligations owed by a business.
  4. 11. The residual interest in the assets of the entity after deducting liabilities.
  5. 12. A book or collection of accounts in which account transactions are recorded.
  6. 13. An official inspection of an individual's or organization's accounts, typically by an independent body.
  7. 15. Allocation of the cost of an asset over its useful life.
Down
  1. 1. Revenues earned or expenses incurred which impact a company's income, though not yet recorded in the accounts.
  2. 2. An entry recording a sum received, traditionally on the right-hand side of an account.
  3. 3. A financial statement summarizing a company's assets, liabilities, and equity at a specific point in time.
  4. 4. Income generated from normal business operations.
  5. 6. The process of imposing financial charges or other levies upon a taxpayer.
  6. 7. Principles that govern financial reporting and accounting in the U.S.
  7. 8. Resources owned by a business, considered valuable.
  8. 10. The total amount of goods and materials held in stock by a business.
  9. 14. The total amount of money being transferred into and out of a business.
  10. 15. An entry recording an amount owed, traditionally on the left-hand side of an account.