Across
- 1. This account is considered the opposite of the Capital account.
- 3. These people want to to know a company's financial condition and assets that could be used to secure debt.
- 6. The form of ownership that has shareholders who may have little to do with the daily operation of a business.
- 8. Besides the Balance Sheet and the Statement of Owner's Equity, this document should be completed as well.
- 11. The kind of account signifying that someone owes you and has not paid you yet.
- 12. Things a company owns that may provde a future benefit.
- 13. Standardization set after the Great Depression that all accountants adhere to.
- 14. This account represents an owner's investment into their company.
- 15. These people want detailed metrics that measure business performance.
- 17. This + Owner's Equity = Assets in the accounting equation?
- 19. Rent, telephone and wages are always this type of account.
- 21. Accounting has little to do with math and more to do with this.
Down
- 2. The first of the three questions one must aske when analyzing transactions.
- 3. The asset account that is always listed first and is most important to a business due to its liquidity.
- 4. This accounting position is one step above "accounting clerk", but not quite a "para-accountant"
- 5. This type of business create product that Merchandisers sell to the public.
- 7. This kind of payable account is documented with a hard contract.
- 9. This type of business buys product from a business that makes it to sell to the public.
- 10. What you must do accomplish with the accounting equation before moving to the next transaction.
- 16. An Owner's Equity account that is affected every time a company completes a job for a customer.
- 18. The minimum number of accounts affected when analyzing a transaction.
- 20. The kind of account that signifies that a company owes but has not paid their debt.