Across
- 4. Interested in the financial statement to determine whether to acquire ownership in the firm
- 8. An association of two or more persons to carry on as co-owners of a business for profit
- 11. Things of value that are owned and used by the enterprise in its operations
- 12. Needs accounting information to regulate the firm's activities and determine the basins for taxation policies
- 14. Obligations that the firm owes to other individuals or organizations for the acquisitions of goods and services
- 15. Coins, currencies, and cash equivalents either on hand or deposited in the bank
- 18. Referred to as the language of business
- 19. Provides management a plan for future operations
- 20. Referred to as the cost of earning revenues
Down
- 1. A financial report as of a given date designed to reflect the financial position of the company
- 2. Business owned by five or more persons whose ownership is evidenced by shares of stocks
- 3. The systematic and chronological recording of the financial transactions of an enterprise
- 5. Father of Modern Accounting
- 6. In this phase, items are sorted and grouped
- 7. The principal service that a public accountant offers
- 9. Asks the question "Can the business meet its obligation?" before granting loans
- 10. Interested in information to enable them to asses the ability of the firm to provide remuneration and other benefits
- 13. Financial information serves as a measure for making future financial decisions
- 16. The principal revenue of both the merchandising and manufacturing concerns in selling good to customers
- 17. He asks questions like "Has this business improved?", "Is it wise to make additional investments?", or "Is there a need for it?"