Across
- 3. Financial Accounting Standards Board
- 6. decrease assets
- 7. divisions of the general ledger
- 9. Is a primary document of the general ledger
- 12. helps make sensible business decisions
- 13. the amount of money the business has earned after paying income taxes
- 14. are the daily - expenses incurred in the operation of your business
- 15. Are items of value which a company owns
- 17. Help identify the source of revenue
- 18. recording,reporting,analysis
- 20. increase assets
- 21. All expenses incurred in running your business
- 22. Measures the loss in value of an asset
Down
- 1. Consists of initial investments in the business as well as any retained earnings which are reinvested in the business
- 2. opposite of assets
- 4. land, building,machinery
- 5. a required contribution for the support of a national, state or local government calculated based on income
- 8. Usually incur the same expenses from month to month
- 10. net sales
- 11. Generally Accepted Accounting Principles
- 16. represent the amount of revenue generated by the business
- 19. derived by subtracting the cost of goods sold