Across
- 1. (4): Generally Accepted Accounting Principles.
- 6. (7): Money owed by a business to its suppliers or creditors.
- 8. (4): The negative difference between revenue and expenses.
- 9. (6): A system where every transaction affects at least two accounts.
- 10. (8): Money owed to a business by its customers.
- 11. (8): Recording revenues and expenses when they are earned or incurred.
- 12. (8): Costs incurred by a business in order to generate revenue.
- 17. (10): Spreading the cost of an intangible asset over its useful life.
- 19. (11): The decrease in the value of an asset over time.
- 20. (6): Money earned from the primary operations of a business.
- 21. Flow (4): The movement of cash in and out of a business.
Down
- 2. (6): Resources owned by a business.
- 3. (3): Certified Public Accountant.
- 4. (6): A record of all accounts and transactions of a business.
- 5. (9): Debts or obligations owed by a business.
- 7. (6): A financial statement providing a snapshot of a company's financial position.
- 13. (5): The positive difference between revenue and expenses.
- 14. (6): Quantitative measures used to assess a company's performance.
- 15. (6): Record of financial transactions.
- 16. (5): The residual interest in the assets of a business after deducting liabilities.
- 18. (5): Examination of financial statements to ensure accuracy and compliance.