4.01

Edit Answers
12345678910111213141516171819
Across
  1. 2. Money received by a business or an individual from outside sources
  2. 5. Debts that the business owes
  3. 7. Specialized training in accounting procedures
  4. 9. Rules that accountants must follow when preparing financial statements
  5. 11. Financial summary with estimates as to when, where, and how much money will flow into and out of a business
  6. 13. A sum of money paid to an investor or stockholder as earnings on an investment
  7. 14. A summary of accounting information
  8. 17. Function that involves all money and money management matters
  9. 18. Finance activity making decisions about finance
  10. 19. Steps that businesses complete to maintain their financial records effectively
Down
  1. 1. Decisions that determine which projects a business will invest in
  2. 3. The total value of the business
  3. 4. The amount an owner has invested in the business plus or minus profits and losses
  4. 6. Monies that a business spends; also called expenditures
  5. 8. Finance activity decisions about a firm’s investments
  6. 10. Process of keeping financial records
  7. 12. Anything of value that a business owns
  8. 15. financial summary that shows how much money the business has made or has lost; also called the profit-and-loss statement
  9. 16. Financial statement that captures the financial condition of the business at that particular moment