Accounting Puzzle

4. the accounting players who make necessary plans and decisions for future development
5. the accounting player who make decision regarding further investment
8. 3rd process of accounting
11. the concept defines assets acquired are recoded in the accounting book at its cost or purchased price
12. the 5th accounting process
14. source document which contain details of the customer who return goods to the business
15. probable future economic benefits owned by the entity as a result of past transection

1. prime entry book that record all the credit purchases
2. the report that describes companies past performance and future prospects
3. Father of accounting
6. the financial statement that provides a snapshot of financial position of a firm
7. example for an asset account
9. sales minus cost of goods sold state as
10. the journal that which record all the cash transection of a firm
13. the financial statement which shows the profit or loss of a firm during a period
15. the concept which describes 'revenue' should be recognized when goods are sold not when cash received