Across
- 4. The source document used when cash is received from sales. (2 words)
- 5. A category in the general ledger for the sales account (1 word)
- 7. the side of the account that is increased (2 words)
- 9. The principles of right and wrong that guide an individual in making decisions (1 word)
- 11. A business activity that changes assets, liabilities, or owner’s equity. (1 word)
- 14. Determining that the amount of cash agrees with accounting records (2 words)
- 15. the normal balance of a liability (1 word)
Down
- 1. The name for any account that is not in the general column (1 word)
- 2. equity amount remaining after the value of all liabilities is subtracted from the value of all assets (2 words)
- 3. The process of arranging accounts in a general ledger, assigning account numbers, and keeping the chart of accounts up to date. (2 words)
- 6. A form for recording transactions in chronological order. (1 word)
- 8. Keeping personal and business records separate (2 words)
- 10. The normal amount of an asset (1 word)
- 12. a business form ordering a bank to pay cash from a bank account (1 word)
- 13. The procedure for transferring information from a journal into a ledger account (1 word)
