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