Across
- 8. Last year’s data shown for comparison.
- 10. People who read and use statements.
- 12. Value based on original price paid.
- 13. Information revealed in financial statements.
- 14. Assumes the business will keep running.
- 17. Buying/selling long-term assets.
- 18. Income tax the company still owes.
- 20. Loans and owner/shareholder investments or repayments.
Down
- 1. Money available immediately.
- 2. A 12-month business reporting period.
- 3. Process of making financial reports.
- 4. Money from shares sold to owners.
- 5. Daily tasks of running the business.
- 6. Explanations for figures in financial statements.
- 7. Journal entries specific to companies.
- 9. Price something would sell for today.
- 11. Same rules used across accounting periods.
- 15. Property, plant, and equipment assets.
- 16. Important info that could affect decisions.
- 19. Person who checks the financial statements.