Across
- 1. if you’ve purchased supplies and paid for them immediately debit supplies, credit this
- 2. when using a t-account, the right side is called this
- 5. something that an organization owes to another party
- 6. model of data storage where all parts of the organization have access to all of the data in a central location
- 7. activities within a process that are meant to prevent or detect misstatements and fraud
- 11. the account used to record receiving cash from a customer before the service is provided
- 12. part of the AIS that produces financial statements
- 13. the financial statement that is prepared using revenues and expenses
Down
- 1. the cycle that takes raw materials and turns them into finished goods
- 3. when using a t-account, the left side is called this
- 4. the type of manufacturing environment promoting waste minimization and perfect quality
- 6. separating record keeping from asset custody is an important control for segregation of….
- 8. the cycle that begins with customer orders and ends with cash receipts
- 9. something than an organization owns and can benefit from having
- 10. if you’ve paid cash ahead of time to occupy an office space, debit this, credit cash
- 14. part of the AIS that processes transactions