Across
- 4. Cost incurred to generate revenue
- 5. System where each transaction affects at least two accounts
- 8. Allocation of the cost of an intangible asset over its useful life
- 9. List of all accounts and their balances to check for errors
- 11. Recording financial transactions
- 12. Money invested in a business
- 13. Basic assumption, concept, or rule
- 15. represents the ownership stake that shareholders have in a company
- 16. Generally Accepted Accounting Principles
- 17. Something owned with monetary value
- 19. Stock of goods held for resale
Down
- 1. Record of all accounts and transactions of a business
- 2. Right side of an account
- 3. Allocation of the cost of a tangible asset over its useful life
- 5. Left side of an account
- 6. Income earned from business operations
- 7. Debts or obligations owed by a business
- 10. Revenues and expenses that have been earned or incurred but not yet recorded
- 11. Financial statement showing assets, liabilities, and equity.
- 14. flow, Movement of money in and out of a business
- 18. Book of original entry for accounting transactions