Across
- 4. Revenue and expenses are part of
- 5. financial position of the company-Accounting
- 6. and loss statement shows financial health of business.
- 7. Accounting ascertains the cost of the product.
- 9. increase the shareholders' wealth.
- 10. Sheet shows financial position of the business or organization as on a particular date.
- 12. economic resources that are capable of generating stream of future revenue.
Down
- 1. record all monetary transactions that take place in the organization.
- 2. financial obligations of the firm to outsiders.
- 3. statements summary of accounting transactions.
- 4. are incurred in the process of generating revenues.
- 8. Accounting is called of business.
- 11. Flow Statement is summary of cash account of the business.