Accounting Terms

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Across
  1. 5. required contribution for the support of a national or state government
  2. 7. Identify the source of
  3. 8. Increase assets
  4. 9. Measures the loss of value of an asset
  5. 10. All expenses incurred in running your business
  6. 17. Backbone of any accounting system
  7. 18. The amount of money the business has earned after paying income taxes
  8. 19. Sets GAAP
  9. 20. Cost minus net sales
Down
  1. 1. Can be turned to cash in 1 callander year
  2. 2. Paid in 1 year
  3. 3. Primary document of the general ledger
  4. 4. The opposite of assets
  5. 6. Is the most liquid asset
  6. 11. Contain all assets
  7. 12. Shows assets and liability
  8. 13. Include Insurance
  9. 14. An Example of a fixed asset
  10. 15. The difference between assets and liabilities
  11. 16. Represents revenue generated by business