Across
- 6. anything of value owned by a buiness
- 7. a category of accounts used for debts or amounts owed
- 9. reports the net income or not loss for the period
- 13. a report prepared to prove that the bank statement balance is the same as the cash ledger balance
- 14. a form of government where people are allowed to produce the goods and services they choose
- 15. an amount of money paid to an employee at a specified rate per hour worked
- 16. the process of transferring numbers from the general journal to the general ledger
- 19. authorized signature written or stamped on the back of a check is called _____
- 20. a fixed amount of money payed to an employee for each pay period
- 22. people whom you claim to be financially responsible for
- 24. examples of temporary accounts are: revenue,expenses,and ______
- 26. costs related to running a business
- 27. an account used to summarize to accumulate the revenue and expense accounts
- 29. money earned by the business
- 30. a report to prove the accounting equation
- 31. the right side of any account
Down
- 1. journal entries made to close out temporary accounts are ____
- 2. the book used to record all transactions of a business
- 3. the process of recording all transactions of a business into the general journal
- 4. the accounts used by a business that are kept on separate
- 5. a business owned by two or more persons
- 6. a liability account used to record all monies owed to people
- 8. the total amount of money an employee earns in a pay period
- 10. the form that summarizes information about employees earnings for each pay period
- 11. the person who is responsible for preparing the payroll \
- 12. a single person owned business
- 17. amounts subtracted from gross earning
- 18. an amount payed to an employee based on a percentage of the employees sales
- 20. a form filled out at the bank with a persons legal signature is called a ____
- 21. the owners investment in the business
- 23. summarized changes to the owners capital account is call ____
- 25. the process of collecting, recording,summarizing,and interpreting the financial transactions of a business.
- 28. minus deductions equals ____
