Accounting 1

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Across
  1. 3. Financial statement showing profits
  2. 4. 8-steps taken throughout a fiscal year
  3. 6. Represents the owner's stake in the business
  4. 9. All public companies follow their guidelines
  5. 11. Recording transactions, making financial statements, interpreting results
  6. 15. Represents money being spent by the business
  7. 18. "Accounting is the _______ of business"
  8. 19. ________ Professional Accounting (CPA)
  9. 20. Represents obligations by the business, debts
  10. 21. Things owned by the business to help generate revenue
  11. 22. Big 4 Accounting Firm
  12. 24. Someones "value", what is left over after paying all liabilities
Down
  1. 1. A financial period of 365 days
  2. 2. Money earned by the business
  3. 5. A = L + OE
  4. 7. Owner's of a business
  5. 8. Generally Accepted Accounting __________ (GAAP)
  6. 10. The person who record transactions and does payroll
  7. 12. Canada Revenue Agency Abbreviation
  8. 13. Summarizes all transactions in the journal
  9. 14. Big 4 Accounting Firm
  10. 15. Big 4 Accounting Firm
  11. 16. Financial statement showing assets, liabilities, and equity
  12. 17. Where transactions are recorded
  13. 23. Big 4 Accounting Firm