11ACC Principles

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Across
  1. 2. The principle that states transactions should be recorded at their original purchase price (2 words)
  2. 4. The principle that states all items must be recorded in the currency of where the reports are prepared
  3. 6. The principle that states losses should be recorded when probable, gains only when certain
  4. 7. The principle that states usage of the same accounting methods
  5. 8. The principle that states the owner is separate from the business
Down
  1. 1. The characteristic that states Reports should contain all information that is useful, and none that is not
  2. 3. Piece of paper providing evidence of a transaction (2 words)
  3. 5. The characteristic that states reports should contain information verified by source document evidence