Accounting Basics

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Across
  1. 2. anything of value that is owned
  2. 5. financial reports that summarize the financial condition and operations of a business
  3. 7. planning,recording,analyzing, and interpreting financial information
  4. 9. a planned process for providing financial information that will be useful to management
  5. 10. The principles of good and bad
  6. 13. a business that requires a fee for a service
Down
  1. 1. the amount remaining after the value of all liabilities is subtracted from value of all assets
  2. 3. Assets = Liabilities + Owner’s Equity
  3. 4. the use of ethics in a business scenario
  4. 6. organized summaries of a business's financial activities
  5. 8. a business owned by one person
  6. 11. an amount owed by a business
  7. 12. financial rights to the assets of a business